Payout Settlement API

The settlement is the process whereby cash paid by their end-users for a specific product/service is received by a merchant. There are lots of entities involved in the settlement procedure. From global mass payouts to real-time money conversions, our APIs can allow you to create a tailored solution that meets your unique payment requirements. We have designed our APIs with RESTful architecture which makes it a simple and frictionless encounter.

Settlement Process:

• 1) The cardholder inputs their lender account/card details on the Checkout form in order to pay for a product/service.
• 2) After successful authentication via OTP, the money is debited from the cardholder's account along with confirmation is sent to the cardholder.
• 3) The transaction total is routed through the card networks into obtaining banking spouses.
• 4) After receives the amount, it's settled into a bank account following fees deduction.

The growth of our business is driven by word of mouth -- and that is because we're focused on solving customer problems. Simplify your payout procedure. Automatically send payout instructions through API calls or batch file upload and create disbursements in real-time. Instant bank validation, 24/7 payment processes management, and committed payee support maintain error rates low.

Features of Our Payout API for Settlement:

• 1) Make your clients' day -- and make faster, more economical, secure payouts.
• 2) Integrate with our API or get started using the batch payments tool by means of a file upload.
• 3) Utilize features that reduce stress and save time.
• 4) Safe and secure.
• 5) Diverse payout options.
• 6) Seamless integration Procedures.
• 7) Overall visibility and control.