Cashfree Payouts supports two ways to make payments to your party, that is, through the Recharge Account and Payouts Direct. With the Recharge Account, you have the flexibility to add funds instantly, get notified when the balance goes below the limit specified by you, and also withdraw the funds. You can withdraw funds from your Recharge Account when you need it in your registered business bank account to make payments.

Add Funds to Your Recharge Account

With a Recharge Account, you can instantly make payments to your party. You need to have a sufficient balance to make these payments. You can add funds to any of the Recharge Accounts displayed in your Payouts Dashboard from your registered business bank account only. The total available balance is displayed in your Payouts Dashboard.

To add funds to your Payouts Recharge Account, you need to first add Cashfree as a beneficiary in your registered bank account. After this, you can transfer funds from your account to the Cashfree account. Cashfree account details are available in your Payout Dashboard in the Recharge Account section.

Write to [email protected], and provide your bank details, if not done already. You can add funds from the registered bank account only.

Transfers made using IMPS are instant and the balance is immediately available in your Payouts Account. NEFT and RTGS are processed between 8 AM and 6:45 PM on all NEFT working days (Monday to Saturday, except 2nd and 4th Saturday). RTGS is not available for amounts less than Rs. 2 lakhs. There are no additional charges for topping up your payouts recharge account.

Set Low Balance Alert

You need to maintain a sufficient balance in your payouts account to make payments to your party. With the Payouts Recharge Account, you have the option to set a low balance alert. When the available balance is below the specified limit, Cashfree sends an email to your registered email ID, and you can add funds accordingly.

To set a low balance alert,

1. Go to Payouts Dashboard > Accounts. Click MORE in the Available Balance section.
2. In the Low Balance Alert section, click Update and specify the balance.
3. Click Submit to set the specified low balance amount. When the balance goes below this limit, an email is sent to your registered email ID.

You can get information about your balance via APIs and webhooks.

• getBalance - use this to know your Payouts account balance.
• LOW_BALANCE_ALERT webhook - use this to get a low balance alert for your Payouts account.

Settle Funds in Payouts Account

The existing merchants of Cashfree Payment Gateway and Auto Collect must write to [email protected] to settle their funds directly to their Payouts account. On receiving confirmation from Cashfree, all your Payment Gateway settlements will get processed in your Payouts account.
Your bank account linked to your Payment Gateway or Auto Collect will not receive any settlement after Payouts has been set as the preferred settlement account.

Withdraw Funds from Recharge Account

Adding funds to your Payouts account is very simple, similarly withdrawing money from your Payouts account is equally easy. You are allowed to withdraw a maximum of three times per day. Also, Cashfree does not permit withdrawal to any other bank account other than the registered bank account.

To withdraw a portion or the entire amount from your Payouts Recharge Account,

1. Go to Payouts Dashboard > Summary. Click MORE in the Available Balance section.
2. In the Account Balance screen, click Withdraw.
3. Enter the Amount, Remarks, and click SUBMIT.

All withdrawal requests get processed between 8 AM and 6:45 PM on all NEFT working days (Monday to Saturday, except 2nd and 4th Saturday). It may take 30 minutes to a few hours for the amount to get credited to your registered business bank account. Withdrawal requests cannot be reversed or cancelled.

To view your recent withdrawals, go to Payouts Dashboard > Summary > click MORE in the Available Balance section. The withdrawals are displayed in the Recent Withdrawals section.

You can also use the APIs to withdraw the payouts account balance to your registered business bank account.

• selfWithdrawal - use this to withdraw funds from your Recharge Account to your registered bank account.