CURRENT AFFAIRS

Detailed explanation-1: -Paytm Payout Links is extremely user friendly, intuitive and is easy to integrate with the present operations of a company.

Detailed explanation-2: -Detailed Solution. The correct answer is Paytm. Paytm has launched Payout Links, for businesses to process payout transactions easily. Payout Links will allow businesses to send ‘incentives’ or refunds to the customers’ bank accounts or wallet accounts.

Detailed explanation-3: -A Payout Link is the simplest way of making payments to vendors and customers without requiring bank account details. It can be created from the Paytm Payouts dashboard using basic details such as the receiver’s name, phone number and the amount to be paid.

Detailed explanation-4: -Paytm Payouts is feature-rich and simple to use payout service that enables businesses to send money to recipients in their wallets or directly in their bank accounts using Paytm dashboard or APIs. Note: Paytm Payouts is available only to enterprise customers. Get in touch to request access to Paytm Payouts.

Detailed explanation-5: -What is Payout API? A Payout API or Money transfer API, sometimes also called Bank Transfer API, is a code block that can interact with your current account. and Open Payout system. The payout APIs help businesses accept bulk lists and automatically make bulk payments to beneficiaries.