Payout Introduction

Vendor payments, loan disbursement, credit card bill payments etc. traditionally did not have a unified system for processing the outstanding amounts. Juspay Payout aims to provide a unified system by integrating with multiple banks/partners and thereby increasing both uptime and payment rails available to the merchant.

Juspay takes a technology-first approach and has built the stack from the ground up to ensure a great level of reliability. By using safe coding techniques and persistent workflow systems, we achieve correctness both at the system level and business logic.
Payout amount tends to be a significant amount, hence, we need to take extra care in the way payments are handled.

At Juspay, we have abstracted the bank/partners integrations and through our dynamic routing/retry mechanism to increase the success rate.

Supported payment rails
Payment to a beneficiary can be achieved via the following modes:

  1. IMPS
  2. NEFT
  3. Visa Direct
  4. Mastercard Send
  5. UPI (push to VPA)
  6. Wallets

Supported Banks and Aggregators

Payout method

Yesbank

Cashfree

Paytm

IMPS

Y

Y

Y

NEFT

Y

Y

Y

Visa Direct

Y

N

N

Mastercard Send

Y

N

N

UPI (push to VPA)

Y

Y

Y

Wallets

N

N

Y

Link here for more details (Link of Payout Advantages)


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