GenixTransact is Genixpay’s payout infrastructure designed to simplify and automate outbound payments for businesses. Whether you're paying vendors, settling commissions, or processing refunds, it enables secure, real-time transfers directly to bank accounts via IMPS, NEFT and RTGS – giving you complete control over fund disbursement.
GenixTransact is designed for organisations that need fast, reliable and scalable payout capabilities across multiple use cases.
Enable seamless payout capabilities within your platform for vendor payments, settlements and refunds.
Process vendor settlements, refunds and partner payouts efficiently at scale.
Manage payroll support, reimbursements and operational payments with structured workflows.
Disburse commissions, incentives and working capital to agents and partners instantly.
Handle large volumes of customer refunds and service-based payouts with ease.
Centralise payout operations across multiple merchants with full visibility and control.
Upload payout details via dashboard, API, or bulk file. This allows businesses to initiate single or large-scale disbursements efficiently.
System verifies beneficiary details and runs KYC and rule-based checks. This reduces errors and ensures regulatory compliance.
Transfers are processed via IMPS, NEFT, or RTGS based on priority and availability. This means timely and reliable payout execution.
Monitor payout status with live updates and automated alerts. This provides full visibility and simplifies reconciliation.
Transfer funds via IMPS, NEFT and RTGS based on speed and transaction requirements.
Process payouts instantly with high success rates and minimal delays.
Ensure every transaction is validated with built-in compliance and verification systems.
Execute large-scale disbursements with bulk upload and API-based automation.
Track transactions, monitor performance and access payout insights in real time.
Operate within a secure, encrypted and fully compliant infrastructure.
A payout solution enables businesses to transfer funds to bank accounts for vendor payments, refunds, salaries, or commissions.
IMPS, NEFT and RTGS are supported for flexible payout execution.
Yes, bulk payouts can be executed via file upload or API integration.
Yes, IMPS enables instant payout processing where applicable.
All payouts can be tracked in real time through a centralised dashboard with alerts.
Yes, it follows RBI guidelines and includes KYC and compliance checks.
Yes, API-based integration allows seamless connection with fintech systems.
Yes, transactions are encrypted and processed within a secure framework.