Transfer funds to your beneficiaries through bank transfers, Paytm, Amazon Pay, UPI, IMPS, and NEFT.
You can perform the following tasks using the transfers API:
- Transfer money to your beneficiaries accounts through Sync, Async, Direct, and Batch APIs.
- Check the status of each transfer using the referenceId or transferId.
The flow diagram will help you understand the different transfer APIs and their use cases.
Learn how each API functions using the following table and use the best-suited API for your transactions.
| Transfer Sync | Transfer Async | Direct Transfer | Batch Transfer | |
|---|---|---|---|---|
| Functionality | Initiate an amount transfer request | Initiate an amount transfer request | Initiate an amount transfer request directly to the beneficiary not added in your Payouts account (add beneficiary details in the API request) | Initiate amount transfer request to multiple beneficiaries |
| Sync / Async | Sync | Async | Async | Async |
| UTR / Cashfree Reference ID | Both UTR and Cashfree Reference ID | Cashfree Reference ID | Cashfree Reference ID | Cashfree Reference ID |
| Required Body Params | beneId amount transferId | beneId amount transferId | amount transferId transferMode beneDetails | batchTransferId batchFormat |
| Default Transfer Mode | Bank Transfer | Bank Transfer | Not Applicable | Not Applicable |
| Available Transfer Modes | Bank, UPI, Paytm, Amazon Pay, | Bank, UPI, Paytm, Amazon Pay, Card | Bank, UPI, Paytm, Amazon Pay, Card, IMPS, NEFT | Bank, UPI, Paytm, Amazon Pay |
| Response Time | 2-5 seconds | <100 ms | 5 seconds | 1 second |
| Transactions Volume | Low | High: up to 1000 transactions per minute | High: up to 1000 transactions per minute | High: up to 1000 transactions per minute |
Transfers APIs
The version 1.2 APIs include paymentInstrumentId as one of the body parameters. Find the list of transfer APIs below: