Payee(Beneficiaries)

Manage Payees section allows merchants to add Payees (or beneficiaries) on the portal. Payees are businesses or individuals in whose bank accounts, and funds will be transferred from the Digital Escrows.

Add payee
To add a payee, there are two options

1. Add Single Payee
2. Add Multiple Payees
   To add a single payee, following information is required
3. Account Holder name (Payee Name) - text box with no special symbols except space, - and ()
4. Mobile - numeric value up to 10 digits
5. Email - text box with email format validation
6. Bank Account Details
   a. Bank Account Number - alphanumeric values accepted
   b. Bank IFSC - text box with IFSC validation i.e length of value should be 11, first 4 characters must be alphabet and 5th character should be zero
   c. Bank Name – text box
   d. Bank Branch – text box
7. Cancelled Cheque – option to upload the cancelled cheque of the bank account mentioned

Single Operations
The "Single Payee" option lets you add individual payees one at a time. This is especially useful if you have specific details to input for a particular payee or if you're setting up a payee for the first time.

Bulk Operations
For those occasions when a merchant needs to add multiple payees at once, the "Multiple Payee" feature is ideal. It allows merchant to upload a file containing multiple payee details, streamlining the process, and saving time.