Wallet & Balance
Payouts are funded from your prepaid wallet. Each payout debits the disbursement amount plus platform fee and GST.
How Wallet Works
| Concept | Description |
|---|---|
| Available Balance | Funds ready to use for payouts |
| Platform Fee | Taxable service fee per payout (pricing package) |
| GST | 18% on platform fee (CGST+SGST or IGST) |
| Total Debited | amount + platform_fee + GST |
| Ledger | Every credit/debit recorded in Merchant Panel → Ledger |
| Refund | Failed payouts refund full debited amount to wallet |
Example: ₹1,000 Payout (1.5% Package, Same State)
Payout
₹1,000
Fee (1.5%)
₹15
GST (18%)
₹2.70
Wallet Deducted
₹1,017.70
Loading Your Wallet
- Transfer funds to the platform bank account (shown in Merchant Panel → Wallet → Load)
- Submit amount and bank UTR
- Admin verifies UTR and credits wallet (ledger entry created)
Beneficiary Validation
Payouts require a validated beneficiary. Use the Beneficiaries API or merchant panel, then pass beneficiary_id in payout requests.
Insufficient Balance
HTTP 402 if wallet balance is insufficient for amount + fee + GST.
Tax invoices are generated automatically on successful payouts. View them under Merchant Panel → Invoices.