Introduction

Overview and Workflow

PayU offers Payouts as a product for businesses to make instant payments to diverse customers. Payout in general terms means a large amount of money to be paid off to the beneficiary. It is a reliable and secure payment option for all types of businesses that eases substantial monetary transactions. 

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Reference:

To register as a merchant and start using Payouts, refer to Register for a Merchant Account and contact your PayU Key Account Manager.

Why choose PayU Payouts

You can make single or bulk payments through Payouts API Integration and an easy-to-use Dashboard. 

Features

• Single-click Bulk Payments
• Connected Baking
• IMPS, NEFT, RTGS and UPI support
• Exclusive Merchant Dashboard
• Account Verification Support
• Reliable APIs and Webhooks
• Self-service Onboarding
• Sub-account Structure

Benefits

• Experience smooth Onboarding
• Run Payouts Integration in parallel to Onboarding with few easy steps
• Enjoy automated and quick transfers with simplified reconciliation
• Secure and reliable service with retry payment support

Payouts: Use Cases

• Payroll Processing – Disburse employee salaries, rewards and bonuses quickly
• E-Commerce – Initiate bulk refunds for online purchases 
• B2B Vendors – Bulk payouts for B2B vendor payments
• Marketplace sellers – Make instant payments for marketplace sellers
• Advertising & Affiliates – Make bulk payments instantly to affiliate partners
• Lending – Quick and hassle-free loan disbursement
• Insurance – Make payouts to settle insurance claims of customers quickly
• Online Gaming Reward – Automate transfer of in-game winning
• Domestic Money Transfer – Make Domestic Money Transfers instantly

Before you begin

PayU strongly recommends you test your integration using the test credentials. For more information refer to Test Credentials.