{"id":1713,"date":"2018-08-22T14:48:34","date_gmt":"2018-08-22T14:48:34","guid":{"rendered":"http:\/\/financeintellect.com\/home-page\/home\/?p=1713"},"modified":"2018-08-22T14:48:34","modified_gmt":"2018-08-22T14:48:34","slug":"cashfree-launches-payouts-to-make-bulk-payments-easier","status":"publish","type":"post","link":"https:\/\/financeintellect.com\/home-page\/home\/cashfree-launches-payouts-to-make-bulk-payments-easier\/","title":{"rendered":"Cashfree Launches Payouts to Make Bulk Payments Easier"},"content":{"rendered":"<p style=\"font-weight: 400\"><strong>\u00a0<\/strong>Bangalore based payment gateway company Cashfree, has launched Payouts for businesses, a simple and automated way to send money in bulk to any account in India, instantly.<\/p>\n<p style=\"font-weight: 400\">Payouts enable businesses to send money to any account in India including UPI-BHIM IDs, Cards or mobile wallets. Businesses can either integrate Cashfree in their own system via an API or use a simple 3 column excel sheet to trigger transactions in bulk. Cashfree\u2019s system enables instant transactions, 24&#215;7, independent of banking hours. Payouts also allows businesses to verify transferee\u2019s bank account details in real time before the transfer, thereby reducing any possible human error.<\/p>\n<p style=\"font-weight: 400\">Akash Sinha, Co-Founder and CEO of Cashfree, said, \u201cPayouts is revolutionary product for companies handling large number of daily transactions. The current systems offered by banks are outdated and are prone to errors. Any mistake from the user requires them to start all over again. Reconciliation of reversed transactions due to invalid account number is painful. Payouts takes care of all that and works even when it is a banking holiday. It not only saves operational overhead of processing payments but the customer and vendor trust on the company also increases when they get their payouts instantly. This results in higher loyalty and better repeat rates.\u201d<\/p>\n<p style=\"font-weight: 400\">The product is live with popular startups like Rentomojo, Club Factory, Rummy Circle, Ketto and Early Salary to name a few. Hyperlocal delivery companies, like Dunzo are using it for wage payments and gaming companies, Rummy Circle are using it for instant cashouts for users.<\/p>\n<p style=\"font-weight: 400\">\n<p style=\"font-weight: 400\">\n","protected":false},"excerpt":{"rendered":"<p>\u00a0Bangalore based payment gateway company Cashfree, has launched Payouts for businesses, a simple and automated way to send money in bulk to any account in India, instantly. Payouts enable businesses to send money to any account in India including UPI-BHIM IDs, Cards or mobile wallets. Businesses can either integrate Cashfree in their own system via [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1714,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[31],"tags":[1143,1146,1145,1141,1142,1144,1147],"class_list":["post-1713","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-club-factory","tag-early-salary","tag-ketto","tag-payment-gateway","tag-rentomojo","tag-rummy-circle","tag-upi-bhim"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cashfree Launches Payouts to Make Bulk Payments Easier - Finance Intellect<\/title>\n<meta name=\"description\" content=\"\u00a0Bangalore based payment gateway company Cashfree, has launched Payouts for businesses, a simple and automated way to send money in bulk to any account in India, instantly.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/financeintellect.com\/home-page\/home\/cashfree-launches-payouts-to-make-bulk-payments-easier\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cashfree Launches Payouts to Make Bulk Payments Easier - Finance Intellect\" \/>\n<meta property=\"og:description\" content=\"\u00a0Bangalore based payment gateway company Cashfree, has launched Payouts for businesses, a simple and automated way to send money in bulk to any account in India, instantly.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/financeintellect.com\/home-page\/home\/cashfree-launches-payouts-to-make-bulk-payments-easier\/\" \/>\n<meta property=\"og:site_name\" content=\"Finance Intellect\" \/>\n<meta property=\"article:published_time\" content=\"2018-08-22T14:48:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/financeintellect.com\/wp-content\/uploads\/2018\/08\/Cashfree.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"FI Online\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Fin_Intellect\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"FI Online\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/cashfree-launches-payouts-to-make-bulk-payments-easier\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/cashfree-launches-payouts-to-make-bulk-payments-easier\/\"},\"author\":{\"name\":\"FI Online\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/#\/schema\/person\/a90045187089bff33d502ca60561a130\"},\"headline\":\"Cashfree Launches Payouts to Make Bulk Payments Easier\",\"datePublished\":\"2018-08-22T14:48:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/cashfree-launches-payouts-to-make-bulk-payments-easier\/\"},\"wordCount\":262,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/cashfree-launches-payouts-to-make-bulk-payments-easier\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/financeintellect.com\/wp-content\/uploads\/2018\/08\/Cashfree.jpg\",\"keywords\":[\"Club Factory\",\"Early Salary\",\"Ketto\",\"payment gateway\",\"Rentomojo\",\"Rummy Circle\",\"UPI-BHIM\"],\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/financeintellect.com\/home-page\/home\/cashfree-launches-payouts-to-make-bulk-payments-easier\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/financeintellect.com\/home-page\/home\/cashfree-launches-payouts-to-make-bulk-payments-easier\/\",\"url\":\"https:\/\/financeintellect.com\/home-page\/home\/cashfree-launches-payouts-to-make-bulk-payments-easier\/\",\"name\":\"Cashfree Launches Payouts to Make Bulk Payments Easier - 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