India, April 21 -- Accepting payments seamlessly has been the prime focus of businesses for the longest time. Payment gateways made it effortless for businesses to collect money from customers anywhere in the world. However, as the digital economy is diversifying and has become a healthy mix of marketplaces, gig economy platforms, and fintech aggregators, sending money out has become equally important.

For modern platforms, the ability to disburse funds to vendors, freelance workers, or employees is just as critical as receiving them from the customers. However, it can get difficult, especially with bulk payments or global transactions in different time zones. A payout API can help smooth out any challenges. Read this article to know how...