Surepass Mobile to Payout API helps businesses make payouts using only the recipient’s mobile number. The payment is automatically transferred to the recipient’s bank account without additional bank details or manual processing.

How does API Work:

• Input: Enter the mobile number and the amount.
• Output: Funds are transferred to the beneficiary.

Benefits of Mobile to Payout API

• Mobile Number-Based Payouts: You only require the recipient’s mobile number without collecting the account numbers or IFSC codes.
• Reduced Data Collection: You don’t need to collect and manage extensive beneficiary banking information.
• Reduced Payout Failure Rates: Eliminates incorrect bank details and IFSC errors.

Use Cases

• Fintech: Fintech platforms can integrate our Mobile to Payout API, which allows instant customer payouts, wallet withdrawals, rewards, and account settlements using only mobile numbers.

• Lending Institution: Lending institutions can disburse loans and cashback offers to borrowers without manually collecting bank account details.

• Insurance: Insurance companies can use this quick payout solution to process claim settlements quickly.

• E-commerce and Marketplaces: It is an effective solution for an E-commerce Marketplace to send seller settlements, refunds, promotional rewards, and referral incentives efficiently.

• Logistics and Delivery Platforms: Logistics and Delivery platforms can use our solution to automate payouts for freelancers, consultants, and gig workers.

• Gaming and Rewards Platforms: Transfers winnings, cashback, referral bonuses, and reward payouts directly to users.