> ## Documentation Index
> Fetch the complete documentation index at: https://developer.tazapay.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Vendor Payouts

> Pay suppliers, partners, and service providers across multiple countries

## Overview

Platforms and businesses often work with vendors across multiple countries and need a reliable way to pay them without setting up local banking relationships in each country. Vendors typically expect payments in their local currency, while businesses may hold funds in a single base or treasury currency.

## How Tazapay Helps

<CardGroup cols={2}>
  <Card title="Centralized Payouts" icon="building-columns">
    Manage all vendor payouts from a single Tazapay balance
  </Card>

  <Card title="Local Currency Support" icon="coins">
    Pay vendors directly to their bank accounts in local currency
  </Card>

  <Card title="Automatic FX Conversion" icon="arrows-rotate">
    Handles foreign exchange when payout currency differs from holding currency
  </Card>

  <Card title="Transaction Tracking" icon="magnifying-glass-chart">
    Full visibility with transaction-level tracking and reconciliation
  </Card>
</CardGroup>

## Integration Flow

<Steps>
  <Step title="Fund Your Account">
    Business funds its Tazapay account
  </Step>

  <Step title="Credit Holding Balance">
    Funds are credited to holding balances
  </Step>

  <Step title="Initiate Payouts">
    Business initiates payouts to vendor bank accounts
  </Step>

  <Step title="Processing">
    Tazapay handles FX, local rails, and settlement
  </Step>

  <Step title="Track & Reconcile">
    Payout status and reconciliation are tracked via APIs and dashboard
  </Step>
</Steps>

## APIs Involved

| Purpose               | API                                                                                | Endpoint                       |
| --------------------- | ---------------------------------------------------------------------------------- | ------------------------------ |
| View holding balances | [Fetch Balances](/api-reference/tazapay-api/fetch-balance)                         | `/v3/balances`                 |
| Create payout         | [Create Payout](/api-reference/tazapay-api/create-payout)                          | `/v3/payouts`                  |
| Track payout status   | [Fetch Payout](/api-reference/tazapay-api/fetch-payout)                            | `/v3/payouts/{id}`             |
| Reconciliation        | [Fetch Balance Transactions](/api-reference/tazapay-api/fetch-balance-transaction) | `/v3/balance_transaction/{id}` |
| Event handling        | [Webhooks](/api-reference/tazapay-api/payout-webhooks)                             | `payout.*`                     |

## Example: Multi-Country Vendor Payments

A US-based company works with vendors in multiple countries:

<CardGroup cols={3}>
  <Card title="India" icon="indian-rupee-sign">
    Design agency paid in INR
  </Card>

  <Card title="United Kingdom" icon="sterling-sign">
    Marketing partner paid in GBP
  </Card>

  <Card title="Singapore" icon="dollar-sign">
    Software vendor paid in SGD
  </Card>
</CardGroup>

### How Tazapay Handles These Payouts

<AccordionGroup>
  <Accordion title="Holding Currency">
    Funds are held in one or more holding currencies on Tazapay (e.g., USD)
  </Accordion>

  <Accordion title="Payout Initiation">
    Payouts are initiated to vendors in their preferred local currency
  </Accordion>

  <Accordion title="Automatic FX">
    If the payout currency differs from the holding currency, Tazapay performs FX conversion automatically
  </Accordion>

  <Accordion title="Local Delivery">
    Vendors receive funds via local bank transfer or supported payout rails—faster and at lower cost than international wires
  </Accordion>
</AccordionGroup>

<Info>
  By using Tazapay, businesses eliminate the need for multiple banking relationships while ensuring vendors receive payments quickly in their local currency.
</Info>