Utility Tool

UPI vs Card vs Wallet Payout Fee Comparator

Benchmark MDR, GST and settlement costs before you send loyalty payouts. Plug in your payout amount, scenario, and projected volume to instantly see which rail protects your reward budget.

₹

Per-beneficiary payout in Indian Rupees.

200 payouts/month

Project bulk disbursal cost for finance planning.

Fee scenario

UPI Payout

0.35% + ₹0

Instant settlement to any UPI ID or VPA. Ideal for micro-rewards and cashbacks.

Net to user: ₹497.94
Total fee
₹2.06
GST (18%)
₹0.31
Effective rate
0.41%
Monthly cost₹413.00
Annualised₹4,956.00
Most cost-efficient

Debit/Credit Card

1.95% + ₹3

Push to card rails (Visa Direct, Mastercard Send). Works for salary advances and refunds.

Net to user: ₹484.96
Total fee
₹15.05
GST (18%)
₹2.30
Effective rate
3.01%
Monthly cost₹3,009.00
Annualised₹36,108.00

Mobile Wallet

1.80% + ₹0

Paytm, PhonePe & Amazon Pay wallet credits with bundled loyalty hooks.

Net to user: ₹489.38
Total fee
₹10.62
GST (18%)
₹1.62
Effective rate
2.12%
Monthly cost₹2,124.00
Annualised₹25,488.00

Fine-tune fee assumptions

Override the MDR or flat fee for any rail to mirror your PSP contract. We reset numbers whenever you switch fee scenarios so you can model multiple contracts quickly.

UPI Payout

Debit/Credit Card

Mobile Wallet

Decision insights

  • UPI is usually the cheapest rail for payouts under ₹1,000 thanks to zero MDR mandates, but aggregators often add 0.2–0.5% for risk scoring and instant settlement guarantees.
  • Card payouts shine for higher average order values where flat fees amortise well—ideal for refunds, credit line top-ups, or salary advances.
  • Wallet credits cost more than UPI yet boost retention with loyalty layers, making them popular for marketing campaigns and gaming jackpots.
  • Always check if GST is charged on top of processing fees. Unaccounted GST can erode up to 18% of your reward budget instantly.

FAQ

Can I export these numbers?

Yes. Copy the share link to push the exact scenario into Sheets or email. We are shipping CSV export next.

How accurate are the default fees?

The presets are sourced from live CinchDollars merchant benchmarks. Always confirm against your PSP agreement before finalising campaigns.

Why does GST apply to payout fees?

PSPs charge GST on the service fee they collect. Toggle GST off if your provider has a reverse charge or export billing structure.