Payout

How can users on my team create Payouts?
All users on your team on the RazorpayX platform can create payouts. While creating a payout, they will receive an OTP on the verified contacts (either ema...
Sun, 23 Dec, 2018 at 9:21 PM
What Payout modes are available?
You can make Payouts to your contact via UPI/IMPS/NEFT/RTGS modes. Payout via UPI mode needs contact’s VPA address and other modes need Bank Account number...
Sun, 23 Dec, 2018 at 9:21 PM
Are Payouts instantaneous?
It depends on the mode of the Payouts. IMPS and UPI payouts are near instant. However other modes work only during bank working hours
Sun, 23 Dec, 2018 at 9:22 PM
How can I create a Payout?
You can create a Payout either from the RazorpayX dashboard OR via API. Product documentation can be found here.
Sun, 23 Dec, 2018 at 9:22 PM
Can I add purpose to a Payout?
Yes. Infact adding its mandatory to add purpose to a payout. You can choose one from a standard list of purposes or provide a custom one as per your busine...
Sun, 23 Dec, 2018 at 9:22 PM
Where can I see the Payouts created and their status?
You can see all your current and past payouts along with their statuses in the Payouts dashboard. You can also fetch Payouts details via API.
Sun, 23 Dec, 2018 at 9:23 PM
How do I access UTR of the created Payouts?
You can view UTR against a processed payout on the RazorpayX dashboard Payouts section. You will also receive UTR via webhook when the payout is successful...
Sun, 23 Dec, 2018 at 9:23 PM
Can I cancel a Payout once created?
No, payout once created cannot be cancelled or reversed by you. In case, payout fails for any reason, then system will automatically reverse the amount deb...
Sun, 23 Dec, 2018 at 9:23 PM
What updates, if any, can I make to a Payout once created?
You cannot make any updates to the payout once created.
Sun, 23 Dec, 2018 at 9:24 PM
What happens if my payout fails?
If, for any reason, your payout fails, then your business account balance will be credited back with the payout amount debited (along with fees & tax)...
Wed, 26 Dec, 2018 at 11:16 AM