Introduction
In today’s on-demand economy, customers and partners expect money to move as fast as information.
Whether you’re disbursing employee salaries, paying suppliers, or refunding customers, real-time payouts are no longer a luxury—they are a competitive necessity.
Understanding the Payout Methods
NEFT – Nationwide Electronic Funds Transfer; ideal for scheduled batch transfers.
RTGS – Real Time Gross Settlement; best for high-value, time-critical payments.
IMPS – Immediate Payment Service; 24×7 instant bank-to-bank transfers.
UPI – Unified Payments Interface; real-time transfers via mobile numbers or virtual IDs.
Why Real-Time Matters
- Better Cash Flow Management
Immediate settlement improves liquidity for merchants and suppliers. - Improved Customer Experience
Quick refunds or payouts build trust and loyalty. - Operational Efficiency
Automated, API-driven payouts reduce manual work and human error. - Competitive Advantage
Businesses that pay faster attract partners and keep customers happy. - Regulatory Readiness
Real-time transactions make it easier to track and record compliance data.
How KhatrijiPay Makes It Simple
KhatrijiPay provides a single Payout API that supports NEFT, RTGS, IMPS and UPI.
- Unified dashboard for monitoring all transfers
- Enterprise-grade security and bank-level encryption
- Instant notifications and reconciliation reports
Conclusion
Faster payments mean stronger relationships and better growth. With KhatrijiPay, integrating real-time payouts into your platform is as simple as calling an API.
