Payout

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...
Fri, 21 May, 2021 at 11:39 AM
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
Fri, 21 May, 2021 at 11:39 AM
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. You can also create a payout via the Mo...
Thu, 2 Sep, 2021 at 12:29 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...
Fri, 21 May, 2021 at 11:39 AM
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.
Fri, 21 May, 2021 at 11:39 AM
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...
Fri, 21 May, 2021 at 11:39 AM
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...
Fri, 21 May, 2021 at 11:39 AM
What updates, if any, can I make to a Payout once created?
You cannot make any updates to the payout once created.
Fri, 21 May, 2021 at 11:39 AM
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)...
Fri, 21 May, 2021 at 11:39 AM
Can I make Payouts from Razorpay PG platform?
No. Payouts feature is currently only available on RazorpayX platform. However, if you use Razorpay’s wallet, you can make payouts from wallet to customer ...
Fri, 21 May, 2021 at 11:39 AM