National Automated Clearing House (NACH)
NPCI's system for high-volume, repetitive bank transfers — bulk credits such as salaries and dividends, and debits against mandates such as loan instalments.
AI-Powered Financial InfrastructureGlobal PaymentsSecure & Trusted
Pay & Move Money · Employee PaymentsPay your staff and freelancers — to their bank or UPI.
Once your payroll or finance process has decided who is owed what, Payouts sends the money to each person's bank account or UPI ID and tracks every payment to completion.
- Bank or UPI
- Individually or in a batch
- Tracked to completion
- Not a payroll system
In short
Employee payments on Paynancial are made with Payouts: you send each staff member or freelancer the amount your own payroll or finance process has calculated, to their bank account or UPI ID, individually or in a batch, and track each payment. Paynancial is not a payroll system — it does not calculate salaries, deductions or taxes.
Overview
What employee payments mean on Paynancial.
Paying people is the part of payroll that has to be right every time: the right amount, to the right account, once. Payouts handles that step — moving the money and keeping a record of it.
It is important to be clear about the boundary. Paynancial does not calculate salaries, statutory deductions or taxes, and it does not replace your payroll software or accountant. You work out what each person is owed; Payouts sends it.
How it works
Step by step.
- 01Calculate
Your payroll or finance process calculates what each person is owed.
- 02Save each person
Save each employee's or freelancer's bank account or UPI ID as a beneficiary.
- 03Pay
Send individual payouts, or pay everyone in one batch.
- 04Track
Follow each payment from initiated to completed.
- 05Keep the record
Completed payouts appear in your payout report.
Capabilities
What you can do.
- Staff and freelancers
- Pay employees, contractors and freelancers from the same place.
- Bank or UPI
- Send to a bank account or a UPI ID.
- Batch pay runs
- Pay everyone in one batch, with each payment tracked individually.
- Failures you can fix
- A failed payment comes with a clear reason so it can be corrected and retried.
- Payment records
- Every payout appears in your payout report once completed.
- Clear boundary
- Salary, deduction and tax calculations stay with your payroll process.
Where it lives
Across the Paynancial platform.
Employee Payments is not a separate system — it runs through the products and tools you already use.
| Where | What it does for employee payments |
|---|---|
| Payouts | The product behind every payment. See Payouts. |
| Bulk Payouts | Pay everyone in one action. See Bulk Payouts. |
| Payment Analytics | Payout reports for your records. See Payment Analytics. |
Compliance in India
The RBI and NPCI rules around employee payments in India.
A plain-language guide to the frameworks that apply. It is general information, not legal advice, and not a statement of Paynancial's own licences or authorisations.
Immediate Payment Service (IMPS)
NPCI's round-the-clock instant interbank transfer service, to a bank account or mobile number.
UPI procedural guidelines and circulars
NPCI operates UPI and sets its rules for member banks, UPI apps and other participants through procedural guidelines and circulars, including transaction limits, dispute handling and security requirements.
Turn Around Time (TAT) for failed transactions
Sets the time within which failed digital transactions — for example, a customer debited without the merchant being credited — must be reversed or resolved across authorised payment systems such as UPI, cards and IMPS, and the compensation due to the customer when that time is missed.
Digital Personal Data Protection Act, 2023
India's law on processing digital personal data — including the personal data in payment records — based on consent, purpose limitation and security safeguards.
Regulators update these rules by circular, so always check the current text at the source: Reserve Bank of India · NPCI. For Paynancial's own security and compliance posture, see the Trust Center.
Good practice
Getting it right.
- 01Keep payroll calculations in payroll
Use Paynancial for moving the money, not for working out the amounts.
- 02Protect personal data
Only the details a payout needs — account or UPI ID and amount — should go into Paynancial.
- 03Use one key per pay run
Idempotency keys stop a retried pay run from paying anyone twice.
FAQ
Employee Payments questions.
Is Paynancial a payroll system?
No. Paynancial does not calculate salaries, deductions or taxes. Your payroll or finance process calculates what each person is owed, and Payouts sends the payments.
Can I pay staff to their UPI ID?
Yes. Payouts can be sent to a bank account or a UPI ID.
Can I pay freelancers as well as employees?
Yes. Payouts is built for paying staff, freelancers, vendors and partners.
Can I pay everyone in one pay run?
Yes. Submit a batch in one action and track each payment individually.
Talk to us about employee payments.
Tell us how your business takes and moves money, and we will show you how it fits.