You can make a single or bulk payout through the Dashboard. Enter beneficiary details or upload a CSV file to add multiple beneficiaries.
To make a transfer:
- Click Make a Transfer to initiate a transfer.
The Make a Transfer page is displayed.
- Select any of the following options from Single Payout or Bulk Payout to make payout:
Single Payout: Transfer money to the customer/receiver using either its mobile number/email address/bank account details (Account Number and IFSC code)/UPI (VPA). You can even schedule this payment if it has multiple occurrences. Once scheduled, this payout will be done automatically.
Bulk Payouts: Transfer money to customers/receivers in bulk by uploading their information (mobile number/email address/bank account details (Account Number and IFSC code)/UPI (VPA) in CSV file format. There are two methods to initiate Bulk Payouts such as:
- Smart Send: In this approach, you can send money using mobile number and/or email address of the customers/receivers. Upload a CSV file containing Mobile Number and/or Email Address of the receivers. Each customer/receiver will be notified with a webpage link which will ask them to enter their Account details. Once the details are entered, payout is initiated and merchant is notified about the status of the transfer.
Direct Transfer: In this approach, you can send money using UPI (VPA) or Account Details of the customers/receivers. These details are uploaded on the Payouts Dashboard using a CSV file. According to the details, money is transferred in the corresponding Bank Account of each customer/receiver.
Updated 3 months ago