UPI Transfer Now Live For Payouts

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Paytm now supports bulk payouts to UPI handles through the revolutionary 3P bank transfer platform. Now enable UPI transfers through APIs and bulk disbursals.

What is Paytm Bulk Payouts?

Paytm Bulk Payouts is a mechanism to instantly send money to bank accounts, wallets & Bhim UPI handles securely. It supports Payouts through APIs and bulk disbursals. Below are some of the salient features of the product:

  • Multiple payout options: Send money to bank accounts, Paytm Wallet, Paytm Food Wallet (tax free meal allowance). BHIM UPI ID

How does it work?

  • STEP 1: Add funds to your funding account using NEFT.

Below are some of the real-world use cases and how nodal accounts are advantageous for them:

E-commerce & Marketplaces:

  • Instant refunds through various bank settlements

Gaming:

  • Disburse winnings & rewards instantly in bulk

Incentive Payouts:

  • Instantly send funds to promoters, influencers, sales team etc. on real time basis

Vendor Settlements:

  • Instantly send funds to all vendors, wholesalers, etc

Through Paytm Bulk Payouts offering with powerful APIs, easier on-boarding and dedicated Key account manager, the entire process becomes easy. We provide a powerful, easy & robust system to help you focus on your business. To know more please reach out to corporate.solutions@paytmbank.com

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