Smart Payout

All questions and answers related to Smart Payout

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Written by Naveen Borawar

What is Smart Payout?

Cashfree offers money transfer APIs to send bulk money to any bank account in India.
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What features does Smart Payout have?

Payout offers latest features to reduce error rates and make payments simpler
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What are the use cases of Smart Payout?

Leading companies and businesses uses Cashfree Smart Payouts for automating outbound payments and refunds
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How does Smart Payout work?

Easy way to send and manage payments.
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How can I start using Smart Payout?

Once you have signed up at our merchant site, you will be able to retrieve your AppId and SecretKey
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How many banks can Cashfree send payouts to?

For Smart Payout, we support transfers to 160+ banks in India.
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Can payouts be processed on holidays?

Yes, but for leading banks only (around 40 of them). For the rest of them, the transfer will get settled on the next working day.
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Can we expect delays in payout processing?

Sometimes banks face downtime with their platforms. Payouts are queued and dispatched once it's up and running again.
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Can a payout be initiated any time of the day?

Yes, you can initiate payouts 24 X 7
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Does the Payout transfer happen instantly?

Payouts happen instantly for small amounts (upto a few lakhs) and can take 1-2 hours for higher amounts.
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Written by Naveen Borawar
Updated over a week ago