Laraware's Payout API software enables instant bank transfers, UPI payouts, and bulk disbursements for fintech enterprises. Process salary payments, vendor payouts, commission settlements, and refunds — all through a single API.

Payout API Features

IMPS Payout — Instant transfer to any bank account 24×7
NEFT/RTGS — High-value transfers with scheduled processing
UPI Payout — Transfer to UPI IDs (VPA) instantly
Bulk Disbursement — Process 10,000+ payouts in a single batch
Account Verification — Penny drop + name match before payout
Automatic Retry — Failed payouts retried through alternate routes
Webhook Callbacks — Real-time status notifications
Virtual Account — Dedicated virtual accounts for settlement

Use Cases

Commission Settlement — Auto-payout commissions to agents and distributors
Vendor Payments — Bulk vendor payouts for e-commerce and marketplaces
Salary Disbursement — Employee salary transfers
Refund Processing — Customer refunds via original payment method
Insurance Claims — Claim settlement disbursements
Lending Disbursement — Loan amount disbursement to borrowers

Payout API Endpoints

POST /api/v2/payout/single — Single payout to bank/UPI
POST /api/v2/payout/bulk — Batch payout processing
POST /api/v2/payout/verify-account — Verify beneficiary account
GET /api/v2/payout/status/{id} — Check payout status
GET /api/v2/payout/balance — Check available payout balance

FAQ

How fast are payouts processed?

IMPS payouts are processed within 30 seconds. UPI payouts are instant. NEFT follows batch settlement (half-hourly). RTGS is real-time for amounts above ₹2 Lakh.

Is there a minimum payout amount?

Minimum payout is ₹1 for IMPS and UPI. There is no maximum limit for RTGS. IMPS supports up to ₹5 Lakh per transaction.

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