Xendit enables businesses to send payouts to bank accounts and e-wallets faster and more cost-effective across Southeast Asia, including Indonesia, the Philippines, Malaysia, Thailand, Vietnam, and Singapore. With just a single Xendit account, you can send payouts instantly to 300+ destination channels across the region.
Xendit Payout allows you to easily create payouts for different type of use cases:
Making Payouts for your own business expenses (first-party payouts):
Vendor Payment
Payroll
Refund
Creating a product experience for your customers to make payouts (third-party payouts):
Last Mile Cross Border Payout
Payroll Platform
Withdrawal Platform
With our extensive list of Payout products, you have control over how you want to utilize Payouts for your internal team (first-party use case) or customer-facing products (third-party use case).
If you don’t collect your recipient’s information in your business flow, you can utilize our Payout Links to collect recipient account details via a Xendit-hosted web interface and automatically send payouts. We offer these products via no-code solutions through our Dashboard interface as well.
Key Benefits
Efficiency: Process fast, simple, and scalable payouts, eliminating manual transactions and reducing administrative overhead.
Cost-effectiveness: Minimize transaction fees and optimize operational costs by processing multiple payments concurrently.
Reliability: Ensure timely and accurate payments with our robust and secure infrastructure.
Flexibility: Send payments to various destinations and in multiple currencies, catering to diverse business needs.
Transparency: Track payment status in real-time and gain complete visibility into your transactions.
Use Cases
Payroll: Distribute salaries, commissions, and bonuses to employees effortlessly.
Supplier Payments: Settle invoices and pay vendors efficiently.
Gig Economy: Payout earnings to freelancers, contractors, and gig workers.
Insurance Claims: Process insurance claims payouts quickly and securely.
Loan Disbursements: Payout loans to customers with ease.
E-commerce Refunds: Issue refunds to customers seamlessly.
Rewards and Incentives: Distribute rewards, cashback, and incentives to customers or partners.
Key Features
High Availability
All bank and e-wallet channels may experience scheduled and unscheduled downtimes, which vary across different channels. Through our multiple partner integrations, we create a robust system to ensure your payouts are processed safely as fast as possible. We exhaust all available methods before declaring a failure of delivery.
If we receive a payout request during a partner downtime and don’t have any available payout rail, our system will keep the transaction in ACCEPTED and process as soon as the channel is back up, ensuring that your payout to be executed as soon as possible.
Subscribe to Xendit’s Status Page to be informed of downtimes.
Smart Routing Logic
Be free from the burden of choosing which payout rail should you use. Let us know where to send and we’ll handle the rest for you. Our smart routing logic prioritizes the fastest available rail to safely process your request.