Skip to content
SPECIFICTION
Get listed

Cashfree Payouts

cashfree.com

WebAPI
Visit cashfree.com
Spec score 7.6 #14 of 29 in Payout Software

What it is

Cashfree Payouts is a paid web and API service for businesses sending money to vendors, refunding customers, and disbursing loans. It supports payouts 24x7, including bank holidays, through a dashboard, APIs, and SDKs. Businesses can connect multiple bank accounts, manage balances and allocations centrally, and route payout volumes among accounts. Risk checks validate UPI handles or account and IFSC details, confirm beneficiaries, and flag activity for review. Cashgram sends payout links by SMS, email, or WhatsApp so recipients can enter details. Listed reporting includes Tally synchronization, reconciliation across banks, consolidated reports, and dashboard reporting. Fund sources include bank accounts, a virtual wallet, Paytm Wallet, corporate cards, escrow accounts, and external credit lines. Direct payout banks listed as available are ICICI Bank, Yes Bank, IndusInd Bank, and Kotak; Axis and RBL are marked coming soon. Pricing starts from ₹3, with charges and GST excluded.

Spec sheet

Purpose
Cashfree Payouts lets businesses send money to vendors, refund customers, and disburse loans, including 24x7 and on bank holidays.Read 30 Sep 2026 · cashfree.com
Intended users
The product page presents payout workflows for lending and NBFCs, marketplaces, gig economy businesses, insurance, e-commerce, and quick commerce.Read 30 Sep 2026 · cashfree.com
Support
The enterprise plan lists a dedicated account manager and support over WhatsApp in addition to other channels.Read 30 Sep 2026 · cashfree.com
Headquarters
Bengaluru, Karnataka, IndiaRead 28 Sep 2026 · cashfree.com
Founded
2015Read 28 Sep 2026 · cashfree.com
Accounting and reporting
The product page lists Tally synchronization, reconciliation across banks, consolidated reports, and dashboard reporting.Read 30 Sep 2026 · cashfree.com
Cashgram
Cashgram lets a business send a payout link by SMS, email, or WhatsApp so the recipient can enter payout details and receive funds.Read 30 Sep 2026 · cashfree.com
Connected fund sources
Connected banking lists bank accounts, Cashfree’s virtual wallet, Paytm Wallet, corporate credit cards, escrow accounts, and external credit lines as fund sources.Read 30 Sep 2026 · cashfree.com
Direct payout bank availability
The connected banking page says ICICI Bank, Yes Bank, IndusInd Bank, and Kotak are currently available for direct payouts, while Axis and RBL are marked coming soon.Read 30 Sep 2026 · cashfree.com
Integration
Cashfree describes payout APIs, SDKs, and documentation, and says payouts can be managed through its dashboard or API.Read 30 Sep 2026 · cashfree.com
Multi-bank routing
The product supports connecting and operating multiple bank accounts, centrally managing balances and fund allocation, and routing payout volumes across accounts.Read 30 Sep 2026 · cashfree.com
Notable limit
One transaction cannot be routed through multiple fund sources, although multiple transactions can be routed to different sources.Read 30 Sep 2026 · cashfree.com
Paytm Wallet limit
Paytm wallet payouts require a beneficiary with a Paytm wallet and completed KYC; the stated maximum is up to ₹1 lakh for a customer who has completed KYC registration.Read 30 Sep 2026 · cashfree.com
Risk checks
Built-in checks can validate UPI handles or account number and IFSC details, confirm beneficiary details, and flag activity for review.Read 30 Sep 2026 · cashfree.com
Security standards
Cashfree lists ISO/IEC 27001:2022, PCI-DSS v4.0.1, and SOC 2, and says its information systems receive regular audits by CERT-In empanelled auditors.Read 30 Sep 2026 · cashfree.com

Plans and prices

Enterprise Plan - Custom pricing designed for enterprises Priced on request Custom pricing · Early access to new features · Dedicated account manager · Discounted pricing · WhatsApp support and other channels Read 30 Sep 2026 · cashfree.com
Standard Plan - Pay as you go (for startups) Priced on request Wallets / Connected BaaS: ₹3.00–₹15.00 per transfer depending on amount and mode · Visa/Mastercard: ₹15.00 up to ₹1,000; ₹20.00 above ₹1,000 · Prices exclude bank charges and GST Read 30 Sep 2026 · cashfree.com

Every Cashfree Payouts plan and price →

Strong points and limits

Strong points

  • 24x7 payouts, including bank holidays
  • Multiple bank-account routing
  • Beneficiary and account validation checks
  • Cashgram links via SMS, email, or WhatsApp
  • Tally synchronization and reconciliation

Limits

  • Pricing excludes bank charges and GST
  • One transaction cannot use multiple fund sources
  • Paytm payouts require KYC and a Paytm wallet
  • Axis and RBL direct payouts are coming soon

Who it suits

It suits marketplaces, lenders, NBFCs, gig-economy businesses, insurers, e-commerce, and quick-commerce operations handling vendor or customer payouts. API and dashboard access support both integrated and operational workflows.

Verdict

Cashfree Payouts combines payout APIs, dashboard controls, multiple fund sources, validation checks, and reporting for business disbursements. Transfer pricing varies by method and amount, while some banking and Paytm conditions apply.

Where Specifiction places it

Alternatives to Cashfree PayoutsAll alternatives →