Paywize Launches Bulk Payouts for High-Volume Business Payments in India
Paywize has introduced a Bulk Payout feature that allows Indian businesses to automate high-volume payments, significantly enhancing efficiency and control. This development is crucial as firms face increasing complexities in managing outgoing payments, necessitating streamlined and scalable solutions.
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Paywize's new Bulk Payout feature facilitates automated, high-volume disbursements for businesses in India through a simple file-based workflow. This service allows for the processing of multiple payments simultaneously, addressing the growing need for automation amid rising transaction volumes.
Key functionalities include automated routing across IMPS, NEFT, and RTGS, along with real-time transaction tracking, which collectively minimize manual processes and enhance operational efficiency. The user-friendly design enables finance teams to utilize Excel or CSV uploads without technical barriers, further simplifying payroll and vendor payments. As the digital payments landscape in India evolves, Paywize aims to transform traditional payout methods, positioning businesses to scale operations and maintain financial control.
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