If you run a Business, you not only receive payments from consumers, but also make payouts. Outward payments made by businesses are called “Payouts”. These Payouts could be to your Customer, Employees, Partners & Vendors.
Businesses must take care of the various payouts to run smoothly, namely-
Payouts not easy
Simple task like payouts if not executed effectively and efficiently can lead to loss of business
- Errors due to manual processing of data
- Difficulties in track & identifying payout status
- Challenges in reconciliation due to failed or unprocessed payouts
- 24 X 7 payout processing
- Beneficiary validation
PayPhi Payouts – Full proofing your payouts
Versatile
Perform payouts to accounts, cards, VPA using IMPS, UPI, NEFT & RTGS
Powerful Dashboard
Track all your accounts, transfers & balances in detail in one place
Start in Seconds
Add money to your account and start in minutes
Multi- functional portal
Track payouts, statements & download reports easily
Payouts anytime
Don’t worry about holidays, send payouts on 24X7 basis
Risk management
Approval workflows, beneficiary validation each time, threshold configurations
Simplified initiation
Bulk file, APIs, Insta and Self payouts
Timely Alerts
Instant alerts to keep you updated