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Easily payout funds to any account, with instant or same-day settlements. Enable seamless withdrawals for customers, and payout disbursements to vendors, suppliers, employees and more, over API.

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<h1>Automate disbursements and withdrawals with Stitch Payouts</h1>

<h2>Payout disbursements and withdrawals over API</h2>

Stitch Payouts enables businesses to schedule one-off or bulk disbursements from a float account over API, removing the admin burden of accounts payable and split payments.For businesses with digital wallet or account solutions, customers can initiate a withdrawal from their account automatically.

Trust Stitch for powerful payments you can rely on. View and manage payout status in real time, and receive notifications via webhooks.

Reduce exceptions and increase acceptance

Leverage the Stitch Bank Account Verification Service (BAVS) to verify recipient bank accounts in real time, mitigating failed or fraudulent payments.

Verify bank accounts to reduce fraud

Transfer funds to Stitch to provide float, which we’ll manage and track against your payouts. We’ll notify you and queue payments when the balance is low so you don’t need to repeat payouts.

Let us manage your float

Disbursements can be initiated in real-time over API, on a per transaction basis or in bulk, for less admin burden, better payments performance and happier recipients.

Streamline payment operations

Disbursements and withdrawals can be initiated 24/7 – even on weekends or public holidays.

Initiate payouts anytime

Why Stitch Payouts?

We have a relentless obsession with solving new, complex problems. We build with painstaking attention to detail, to continually improve on conversion, experience and reliability for our clients and their users.

Precision engineering

We offer deep support, working closely with client teams to co-develop bespoke and customised solutions that meet their unique needs – from product architecture to design and marketing support.

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Client-led ethos

We leverage deep connections across the entire payments stack to provide seamless access to financial systems, resulting in higher reliability and better performance.

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Deep infrastructure

We work closely with client teams – from technical support, to custom-crafted solutions, to UI/UX and marketing advisory, and ongoing customer success – to make sure the Stitch API performs for your business.

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Sipho Tshabalala

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Jessica Rohman

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Head of Product

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Jacob Cook

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Engineering Lead

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Developer experience is a core KPI at Stitch. Our API is <a href="https://stitch-money-staging.vercel.app/blog/how-to-integrate-stitch-using-graphql">built on GraphQL</a>, for faster and simpler queries and easier integration. Our client solutions team works with clients to build optimised, automated Payouts experiences, and deploy faster.We created a custom enterprise dashboard to enable your team to easily view all transactions and their status in one place.

Build a better Payouts experience

Stitch is a PCI DSS Level 1 Certified payment service provider.We practice stringent data management and protection through the use of encryption and regularly monitor these systems through internal tests.Our data protection and information security policies move through constant iteration in order to ensure that we proactively mitigate any potential threats to Stitch’s payment and client data.

Iron-clad data privacy and security you can rely on

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A payout refers to the process of transferring funds from a business bank account to another. At Stitch, disbursements and withdrawals fall under Payouts. Stitch Payouts enables businesses to initiate transfers programmatically over API.

What is the definition of a payout?

Settlement times can vary based on factors such as the recipient's bank and the chosen settlement option. Stitch offers instant (RTC) or same-day (T+1) settlement times.

How long does a payout take to settle?

A disbursement generally refers to the distribution of funds to multiple recipients, often for specific purposes like payroll, payment to vendors for goods or services or reimbursements. Withdrawals are a specific type of payout for businesses that offer digital wallets or accounts. These are initiated by the customer and include withdrawing funds previously deposited into their personal accounts.

What is the difference between a disbursement and a payout?

A payout process might look like a business sending out monthly affiliate commissions to its partners, a marketplace paying its vendors or suppliers, a ride-hailing business paying its drivers or a business sending payroll. With Stitch Payouts, the business can initiate a bulk transfer of funds to all the recipients accounts and send one-off or in bulk.

What is an example of a payout or disbursement process?

Learn how you can start building a winning payments experience with Stitch

Increase adoption, improve conversion and optimise finance operations

Link and verify users’ financial accounts for easy access to financial data, and seamless and                         secure payments and payouts, all through a single API.

Build and scale your financial solutions, faster

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Enable seamless payouts to suppliers, vendors, employees and more over API. Easily enable withdrawals and disbursements.