Payment and Settlement Systems Act, 2007
The law under which the Reserve Bank of India regulates and supervises payment systems in India. Operating a payment system requires RBI authorisation under this Act.
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Pay & Move Money · Partner PaymentsPay your channel and business partners, reliably.
Your systems work out what each partner has earned; Payouts pays them by bank transfer or UPI — one partner at a time or all of them in a batch — and keeps a record of every payment.
- Channel partners
- Bank or UPI
- Triggered by your systems
- Tracked to completion
In short
Partner payments on Paynancial are made with Payouts: once your own systems have calculated what each channel or business partner is owed, you pay them by bank transfer or UPI, individually or in a batch, from the dashboard or via the API, and track each payout to completion.
Overview
What partner payments mean on Paynancial.
Businesses that sell through channel partners, resellers or referral partners owe them money on a regular cycle. The amounts are usually worked out in a partner or commission system — the payment itself still has to be made, recorded and reconciled.
Payouts is that payment step. Because it is API-first, the system that calculates what partners are owed can trigger the payouts directly, with idempotency keys so a retried run never pays a partner twice.
Note: this page is about paying your own partners. Becoming a partner of Paynancial is a different thing — see the Partner Program.
How it works
Step by step.
- 01Calculate
Your partner or commission system works out what each partner is owed.
- 02Save partners
Save each partner's bank account or UPI ID as a beneficiary.
- 03Trigger
Pay from the dashboard, or let your system call the Payouts API.
- 04Track
Follow each partner payout from initiated to completed.
- 05Reconcile
Match payouts to partner statements using your payout report.
Capabilities
What you can do.
- Triggered by your systems
- Payouts is API-first, so your partner system can pay partners directly.
- Safe to retry
- An idempotency key per payout means a retried run never pays a partner twice.
- Bank or UPI
- Pay partners to a bank account or UPI ID.
- One or many
- Pay a single partner, or everyone due in one batch.
- Real-time updates
- Payout webhooks tell your partner system when each payment completes or fails.
- Clear boundary
- Commission rules and calculations stay in your own systems.
Where it lives
Across the Paynancial platform.
Partner Payments is not a separate system — it runs through the products and tools you already use.
| Where | What it does for partner payments |
|---|---|
| Payouts API | POST /payouts with an idempotency key. See the API Reference. |
| Webhooks | Payout events back into your partner system. See Webhooks. |
| Payment Analytics | Payout reports for partner statements. See Payment Analytics. |
Compliance in India
The RBI and NPCI rules around partner 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.
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.
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.
UPI Online Dispute Resolution (UDIR)
NPCI's mechanism for customers to raise and track UPI complaints — such as a payment debited but not credited — from within their UPI app.
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 commission logic in one place
Calculate partner earnings in your own system and send Paynancial only the amounts to pay.
- 02Use the partner ID in your idempotency key
It makes every run safe to repeat.
- 03Send partners a statement
Pair each payout with a statement from your system so partners can reconcile too.
FAQ
Partner Payments questions.
How do I pay channel partners with Paynancial?
Calculate what each partner is owed in your own system, then pay them with Payouts — by bank transfer or UPI, individually or in a batch, from the dashboard or the API.
Can my commission system trigger partner payouts automatically?
Yes. Payouts is API-first, so your system can create payouts directly — with an idempotency key so a retried run never pays a partner twice.
Does Paynancial calculate partner commissions?
No. Commission rules and calculations stay in your own systems; Paynancial pays the amounts you send.
Is this the same as the Paynancial Partner Program?
No. This page is about paying your own partners. The Partner Program is for businesses that want to partner with Paynancial.
Talk to us about partner payments.
Tell us how your business takes and moves money, and we will show you how it fits.