India payout

Payment Account Types

The supported payment account types in India are:

• ALIAS
• BANK_ACCOUNT_ROUTE

Alias

The supported alias network in India is:

• UPI

We support payouts via UPI (Unified Payments Interface) in India. To initiate a payout, provide UPI as the ALIAS network and the recipient’s UPI ID (Virtual Payment Address) as the ALIAS identifier.

Bank Account Route

We support payouts to banks in India using the bank’s IFSC (Indian Financial System Code) instead of a bank_id. Each IFSC uniquely identifies the bank, and branch, ensuring payments are routed accurately to the intended destination. Unlike other markets, we do not maintain or return a list of available IFSCs at the List Banks endpoint for India as there are thousands of codes across the country.

Decimal Requirements

Transaction Limits

Compliance Requirements

Sample Payload

The samples below are specific to India and based on the local regulations.

For a more comprehensive list of fields, see the Create Payout resource.

{
  "amount": {
    "currency": "INR",
    "value": "1000"
  },
  "payment_account": {
    "type": "ALIAS",
    "country": "IN",
    "holder": {
      "type": "INDIVIDUAL",
      "name": "Neha Patel"
    },
    "alias": {
      "network": "UPI",
      "identifier": "neha.patel@ybl"
    }
  },
  "purpose": "REMITTANCE",
  "sender": {
    "type": "INDIVIDUAL",
    "name": "Mario Rossi",
    "address": {
      "line_1": "Piazza del Colosseo",
      "line_2": "1",
      "line_3": "",
      "city": "Roma",
      "postal_code": "00184",
      "country": "IT"
    },
    "individual": {
      "dob": "1985-06-15",
      "identity_document": {
        "type": "PASSPORT",
        "country": "IT",
        "number": "YA0000000",
        "expires_on": "2030-01-01"
      }
    }
  }
}