Easebuzz Wire is a SaaS-based payout automation platform designed for businesses to efficiently manage and disburse bulk payments to vendors, employees, and other beneficiaries. It enables instant addition and activation of beneficiaries, supports multiple payment modes (UPI, IMPS, NEFT, RTGS), and allows for bulk uploads to process hundreds of transactions simultaneously. The platform features automated reconciliation, detailed reporting, and a maker-checker approval workflow for enhanced security. Wire integrates with ERP systems via API and offers a connected banking setup, allowing businesses to use their existing current accounts or open digital accounts with partner banks. The system is built to streamline financial operations, reduce manual errors, and provide real-time visibility into payment statuses.

Key Features

Instant Beneficiary Addition Add and activate beneficiary accounts instantly, including bulk uploads.

• No waiting for bank activation
• Supports large-scale onboarding

Multiple Payment Modes Disburse funds via UPI, IMPS, NEFT, or RTGS.

• Flexible for different transaction needs
• Supports all active savings and current accounts in India

Bulk Payout Processing Upload a single file to process multiple payments at once.

• Reduces manual effort
• Automated error handling ensures valid transfers proceed

Automated Reconciliation & Reporting Comprehensive account statements and on-demand reports.

• Real-time tracking of credits and debits
• Department-specific reporting (e.g., Accounts, Management)

Maker-Checker Workflow Customizable approval rules for secure transactions.

• Multi-level authorization based on transaction amount
• Reduces risk of unauthorized payouts

ERP/API Integration Integrate with business systems for seamless payout automation.

• Create payout links via dashboard or API
• Secured with OTP authentication

Benefits

Operational Efficiency Automates and streamlines bulk payment processes.

• Saves time and reduces manual errors
• Handles high transaction volumes effortlessly

Enhanced Security and Compliance Multi-level approval and real-time validation.

• Reduces risk of fraud and unauthorized payments
• Ensures compliance with business policies

Improved Cash Flow Management Unified account for payment gateway settlements and payouts.

• Simplifies reconciliation
• Provides real-time visibility into fund movements

Scalability Supports businesses of all sizes with flexible integration.

• Grows with business needs
• Suitable for diverse payout scenarios