Introducing Payouts Direct
Instant, automated payouts directly
from your Bank Account.
payout just the way you wanted
More than just bank transfers
Send payouts to any UPI-BHIM ID, PayTM wallet. Verify bank accounts in real time.
Works on holidays
Payouts work 24x7. Money moves even when banks don't.
Simpler file uploads than banks
Move ahead of file upload errors. Bulk payouts are easy now.
Transfers to bank accounts happen instantly or within a few minutes, depending on your business requirement. Transfers for amounts in excess of Rs 2, 00, 000 are restricted by banking hours and can take longer. A payout to UPI-BHIM ID or PayTM wallet is instant.
Bulk transfers via bank account happen by uploading a spreadsheet on the banking portal or manually adding every beneficiary before transferring. PayatME automates bulk transfers fully via APIs AND offers a much simpler alternative to uploading files on a bank portal.
Unlike banks, where a single error in a payment file can block all the bulk payments, using PayatME, even if there are invalid records in a file, valid transfers go through. Reconciliation for failed and invalid transfers is automated so you always know which transfer failed out of hundreds of payments, and why. At PayatME, new beneficiary addition and activation is instant.
PayatME also allows you to send money to any PayTM account or UPI address in addition to bank accounts, even on holidays.
Lastly, all of this can be automated and built into your product or internal systems using our powerful APIs.