Payouts can be used for any type of business requirement. Few use cases are provided below.
Businesses need to make payouts to their vendors at regular intervals for the goods delivered and services rendered. These payouts are generally recurring in nature and are thus planned payouts. Such use cases can be served by making NEFT and RTGS payouts to vendor contacts.
If you are an existing Razorpay user, you can use your Razorpay Payment Gateway credentials to sign into RazorpayX.
Use your existing API key to fire RazorpayX APIs.