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Payment

Create Transfer
Transferring funds securely and efficiently is at the core of financial operations. The 'Create Transfer' section of the Castler platform is designed to streamline and simplify the transfer process for users. Whether you are looking to transfer funds to a single recipient or in bulk, this platform caters to both needs.

Use Cases
Castler's payments stack can be used to power numerous use cases.
• Payouts: Settle funds to your sellers frequently, reimburse your employees' expenses or refund your buyers using IMPS/NEFT/RTGS/UPI
• Mandates: Collect repayments from your customers using mandates like auto-pay on specific days or intervals.


Single Transfer

Instructions for Single Transfer
a. Navigation: From the main dashboard, go to the 'Create Transfer' section indicated by the arrow in the left sidebar.
b. Under the 'Create Transfer' dropdown, select 'Single Transfer'.
c. Entering Details:
i. Escrow: Input the Escrow name in the designated field.
ii. Payer Name: Enter the name of the payer.
iii. Amount: Input the amount to be transferred.
iv. Purpose (optional): If needed, specify the purpose of the transfer.
v. Notes (optional): You can add any additional notes or information here.
vi. Supporting Documents: Attach any required documents by clicking 'Add Now'. Acceptable file formats include png, jpg, gif, pdf, doc, xls, etc. Ensure that the total size of the uploaded files doesn't exceed 5 MB.
d. Once all details are filled in, ensure you agree to the 'Terms and Conditions' and click 'Request Transfer' to initiate the transfer process.


Bulk transfer List

Bulk transfer list will have following columns:

  1. Batch ID – unique reference ID for the batch
  2. Batch Name
  3. Escrow ID
  4. Date
  5. No of Transfers
  6. Total Amount
  7. Status
  8. Transfer List – file uploaded by the merchant

On click on Batch ID link, bulk transfer detail page will be displayed where all the single transfer entries in a batch will be displayed with following fields

  1. Transfer ID
  2. Payee Name
  3. Payee account number
  4. IFSC
  5. Amount
  6. UTR
  7. Status
    Option to download the single transfer report within the batch is available. All the displayed fields will be available in the downloaded file.