# Seamless, automated payouts: 24/7, 365

Easily payout funds to any account with the most reliable payouts solution in South Africa. Enable seamless withdrawals and send disbursements over API, with instant or same-day settlement, 24/7, 365, via SDV, RTC or RPP rails.

### Enjoy peak payouts reliability

Our multi-bank, multi-rail approach incorporates multiple fallbacks and redundancies – meaning we can ensure reliable payouts, anytime, automatically

### Choose from standard, fast-track or instant settlement

We can enable payouts over any rail available in South Africa, including RPP, meaning businesses can choose when they’d like payments to settle, balancing speed with costs

### Verify bank account details to reduce fraud

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

### Pay out to card

Send refunds to a verified bank account or choose to pay out funds to a customer card, to leverage the same method used to pay in

### Initiate payouts anytime

Disbursements and withdrawals can be initiated any day of the year – even on weekends or public holidays

## Under the hood: 24/7, 365 reliability

Stitch Payouts is designed for enterprise businesses processing payouts at scale. We can initiate payouts 24/7, 365, over any payment rail available in South Africa - including RPP. We have multiple integrations across banks and rails, packaged in an easy-to-use API that’s designed specifically for enterprise businesses.

We automatically route each transaction using the optimal rail on the backend, depending on whether a business is looking to maximise speed or to reduce costs. We also route payments to alternative banks to avoid any downtime, ensuring peak reliability.

## Flexible integration options

### Refunds

Enable fast refunds automatically to the same account used to make a pay-in. Send refunds via SDV, RTC, RPP or card

### Withdrawals

Allow customers to instantly withdraw funds from their digital account, with 24/7, 365 access. Enable withdrawals via SDV, RTC, RPP or card

### Disbursements

Send disbursements to any local bank account in South Africa. Pay out vendors, suppliers, employees and more. For businesses offering international wallets, leverage Stitch for payouts to local bank accounts

## The Stitch Float Facility

Never miss a payout or worry about running out of float. Stitch can provide businesses with instant access to extra funds in the event their scheduled payouts exceed the available funds in their account.

This eliminates the need to constantly top up accounts when funds run low and ensures businesses can always meet their payout needs without delay or disruption.

## ISO 27001 + PCI DSS Level 1 certified

Stitch meets the highest possible global standards of data security and protection.

Our policies move through constant iteration and undergo rigorous testing in order to ensure that we proactively mitigate any potential threats to Stitch payment and client data.

## FAQs

- **What is the definition of a payout?**

- **How long does a payout take to settle?**

- **What is the difference between a disbursement and a payout?**

- **What is an example of a payout or disbursement process?**