For both small and large businesses, managing timely transfers to the customers has become the need of the hour to ensure a good user experience and customer retention.
Why should we use Paytm Customer Payouts?
- Paytm Customer Payouts is a 24*7 service, available on weekends and public holidays as well.
- Instantly transfer rewards, cash on delivery refunds and gift vouchers to the customers.
- You no longer need to know the bank details of your customers. Make a transfer through payout link, UPI, e-mail address or phone number to the customerâs wallet or bank account, whatever mode of payment they prefer.
- Schedule and automate winnings, refunds, reward transfers and track all the transactions in real-time.
Who is it for?
Customer Payouts is for any business whose end-user is the direct consumer. Some of the use cases are listed below:
E-commerce– Processing cash on delivery refunds is a major part of the operations for an E-commerce company and can be a long and tedious process both for the business and the customer. Paytm Customer Payouts help in making instant refunds to customers. It also generates a payout link which lets the customer pay from their preferred mode of payment and the transaction happens even if the bank details of the customer is missing.
Insurance and loans-Â Paytm Customer Payouts helps inÂ disbursing loans instantly with IMPS, UPI and NEFT and settles insurance claims instantly without having to verify the customerâs bank details.
Gaming- Customer Payouts lets the business pay all the rewards and game winnings to the customerâs bank account or Wallet instantly.
Furniture/car rentals- Refunds from rented furniture/automobile securityÂ take 8â10 business days to process and get credited in the customerâs account along with the hassle of processing it. Paytm Customer Payouts automates the process by instantly refunding the security amount to the customerâs wallet or bank account.
Travel & hospitality- Cashbacks, discounts, coupons, ticket refunds can be made by travel and hospitality companies to their customers for instant customer gratification.
So, wait no more! Choose Paytm Payouts to disburse payments to your customers quickly and efficiently.