Tag: Paywize

How Paywize Is Using Escrow-Led Payout Infrastructure to Solve Modern Settlement Challenges for Indian Businesses
Business, Press Release

How Paywize Is Using Escrow-Led Payout Infrastructure to Solve Modern Settlement Challenges for Indian Businesses

Insights by Karthik Bukkambudhi, Founder & CEO, Paywize TechnologiesBengaluru (Karnataka) [India], June 05: As India’s digital economy continues to scale, businesses are facing increasing challenges around settlement visibility, payout governance, reconciliation, and transaction trust. While payment acceptance has become faster and more efficient, the movement of funds among businesses, vendors, sellers, borrowers, and service providers often still relies on fragmented processes and limited operational controls.From marketplaces and lending platforms to procurement businesses, staffing companies, and digital enterprises, organizations are increasingly looking for infrastructure that provides transparency, accountability, and confidence throughout the settlement lifecycle....
Introducing Bulk Payouts by Paywize – Automate High-Volume Business Payments with Speed and Control
Business, Press Release

Introducing Bulk Payouts by Paywize – Automate High-Volume Business Payments with Speed and Control

Bengaluru (Karnataka) [India], April 29: Paywize today announced the launch of its Bulk Payout feature under its Connected Banking platform, enabling businesses in India to execute high-volume disbursements through a simple file-based workflow. The solution allows organisations to pay employees, vendors, partners, and gig workers in a single batch while improving speed, accuracy, and visibility across transactions. Growing Need for Payout Automation in India Indian businesses are facing increasing complexity in managing outgoing payments as they scale. Finance teams often rely on manual banking processes and spreadsheets to process salaries, vendor payments, commissions, and reimbursements. These workflows are slow, error-prone, and difficult to track as transaction volumes in...
The 15-Hour Problem – Why Indian SMBs Still Struggle With Cash Flow Visibility: Karthik Bukkambudhi, Founder, Paywize
Business, Press Release

The 15-Hour Problem – Why Indian SMBs Still Struggle With Cash Flow Visibility: Karthik Bukkambudhi, Founder, Paywize

Karthik Bukkambudhi, Founder, Paywize Bengaluru (Karnataka) [India], February 26: Indian small and medium businesses lose more time to banking than most owners realise. Many founders and finance teams spend nearly 15 hours a week managing payments, checking balances, reconciling accounts and following up on collections. That is almost two working days lost every week — despite record levels of fintech innovation. India today has an 87% fintech adoption rate, compared to 67% globally. Yet for many SMBs, daily banking still feels fragmented and manual. Over a year, those 15 hours a week turn into hundreds of hours that could have gone into growth, customers or strategy. Multiple Bank Accounts and Fragmented Financial Management Today most SMBs operate multiple bank accounts. They open separa...