Payouts Overview

Introduction

Payouts are a critical aspect of transferring funds or payments to individuals, businesses, or organizations' accounts for various purposes like salaries, commissions, dividends, refunds, or vendor payments. This process involves electronic payment methods such as NEFT, RTGS, IMPS, UPI, and Wallets, with payout frequencies varying based on transaction nature and agreement terms.

Efficient payout management is essential for businesses to uphold positive relationships with employees, suppliers, and customers. It entails ensuring timely, accurate payments while adhering to legal and regulatory standards.

Why Enkash

Enkash provides a robust payouts platform, simplifying payment management across diverse use cases. Our automated payout system supports batch processing, customizable payment schedules, and reporting tools for tracking payout activity. With Enkash, businesses can bid farewell to the complexities of uploading excel files or adding beneficiaries manually to traditional banking portals.

Enkash Payouts is a superior method for:

• Sending money round-the-clock instantly to customers or vendors, ensuring prompt transactions regardless of time constraints
• Managing multiple payout methods including IMPS, NEFT, RTGS & UPI providing flexibility and convenience
• Controlling, analyzing, and automating every aspect of business payout needs in real-time, enhancing operational efficiency and transparency

Use Cases

• Vendor Payments
• Refunds
• Commission Payments
• Dividend Distribution
• Loan Disbursement
• Insurance Claims
• Government Benefits
• Cashbacks