Scheduled Payouts

Use the Scheduled payouts to set up payouts up to 3 months in advance.


Use the RazorpayX Scheduled payouts to schedule payouts to your Contact's bank account or VPA, to be processed at a later time. For example, you can use Scheduled payouts to schedule salary payouts for your employees.

  • Your account balance is not blocked when you create a Scheduled payout.
  • You can schedule as many payouts as you like irrespective of your account balance. We check your account balance at the time of processing.
  • You can schedule payouts up to 3 months in advance, thus allowing you to better plan the float in your account.

Handy Tips

  • This feature is only available on the RazorpayX Dashboard. It is not available on APIs.
  • You cannot schedule payouts to cards.

You can create Scheduled payouts via the RazorpayX Dashboard or using Bulk Upload.

The process to create a Scheduled payout is similar to how you create a regular payout.

  1. Create a .
  2. Create a for the Contact.
  3. Create a payout.

You can create a Scheduled payout via the RazorpayX Dashboard. To create a Scheduled payout, select the following options while creating a payout:

  1. Select Schedule the payout.
  2. Select a date when you want the payout to be processed. You can schedule payouts up to 3 months in advance.
  3. Select a time slot when you want the payout to be processed. Following are the 4 slots available:
  • 9 a.m. to 10 a.m.
  • 1 p.m. to 2 p.m.
  • 5 p.m. to 6 p.m.
  • 9 p.m. to 10 p.m.

After a payout is created, it moves to the pending or scheduled state.

Schedule payout

You can create Scheduled payouts created using

. Select the following options while uploading the bulk upload file:

  1. Select Schedule the payout.
  2. Select the date when you want the payout to be processed. You can schedule payouts up to 3 months in advance.
  3. Select a time slot when you want the payout to be processed. Following are the 4 slots available:
  • 9 a.m. to 10 a.m.
  • 1 p.m. to 2 p.m.
  • 5 p.m. to 6 p.m.
  • 9 p.m. to 10 p.m.

After a bulk file is uploaded, it is picked up for processing immediately. Know more about

.

Payouts created via the bulk upload move to either the pending or scheduled state.

Handy Tips

You cannot use this feature to schedule when a bulk upload file is picked up for processing. Once uploaded, the bulk upload file is processed immediately. The individual payouts created are scheduled as per the selected options.

A scheduled payout can have the following statuses during its life cycle:

  • pending
  • scheduled
  • processing
  • processed
  • reversed
  • cancelled
  • rejected
  • failed
Scheduled Payouts Life Cycle

Know more about the

.

Handy Tips

The Pending and Rejected states are available only if you have

enabled on your account.


Was this page helpful?