Payments
Switch from manual disbursements to automation in one click with SprintNXT
With millions of transactions happening online, we understand
the traffic of payments released daily. To encourage businesses to streamline this process,
enter SprintNXT’s Payout APIs.
From disbursing commissions and salaries to settling reimbursements, payout APIs provide a
secure and viable way to transfer funds. With SprintNXT, you can explore different types of
payout APIs available and provide valuable insights into how businesses can implement and
integrate payout APIs into their existing systems.
Join us on this journey and unlock the full potential of seamless transactions for your business
with payment API
Features of Payments API
Bulk Payments API
Just as the name suggests, Bulk Payments API is developed to lend a helping hand to organisations seeking to manage large-scale payments with ease. By integrating this useful API into their systems, businesses can simplify complex payment processes, reduce errors and save valuable time. Whether it is about facilitating payroll distribution, vendor payments, or subscription renewals, the bulk payments API is here to make financial operations smooth and hassle-free.
UPI Payout
A seamless, instant, and cost-effective way to make bulk payments directly to beneficiaries’ bank accounts using their unique UPI IDs, eliminating the need to constantly seek account numbers and IFSC Codes, while providing real-time payment experience.
Initiate Payment
Initiate Payout is about transferring funds from one party to another, usually from a payer’s account to a payee’s account, which involves payment processing, funds transfer, and settlement. Additionally, the payout is initiated via different methods as online payment platforms, mobile apps, bank transfers, payment gateways, and more
Industry Use-Cases
Marketplaces
Disbursements
Payroll
NBFCs & lenders
Why Choose Payout API?
Multi-mode Payment Options
Now, you can seamlessly process payments using various methods, such as IMPS, NEFT, RTGS, and UPI, to offer your vendors the necessary flexibility.
Real-Time Insights
Gain immediate access to transactional data, providing valuable insights that improve cash flow management and support informed business decisions.
Payment tracking & Reconciliation
Utilize our innovative APIs to track, find, and reconcile any transaction, enhancing accuracy and transparency in your financial operations.
Frequently Asked Questions
- Automated payments - Schedule and automate payments to multiple recipients
- Real-Time Processing- Instant transfers to bank accounts.
- Security- End-to-end encryption and secure transaction handling.
- Scalability- Handle Large Volumes of transactions seamlessly.
Ready to Get Started?
Take the first step towards achieving your financial goals with SprintNXT
