PRODUCTS
Automate bank payments, eliminate manual errors and simplify finops.
Bank-Connected Payments
Bank Integration
Connect your banks — all of them
Integrate directly with 10+ major banks including HDFC, ICICI, Axis, Kotak, and more. Centralize all your bank accounts in one platform. No separate logins, no portal hopping — just seamless connectivity.
Direct bank integration
Connect your existing bank accounts for direct payment processing within Pazy. Real-time connectivity with Yes, ICICI, Axis, Kotak, IndusInd, RBL, HDFC, DBS, and more.
Multi-account management
Manage all your bank accounts from a single dashboard. Switch between accounts, view balances, and execute payments without switching portals.
Payment Execution
Single payments. Bulk payouts. Zero AP files.
Execute payments with a click — single, bulk, or partial. No more creating AP files, uploading to banking portals, and verifying formats. Approved invoices turn into payments instantly.
Instant payouts
Handle single, bulk, or partial payments instantly. Click to pay — Pazy handles the bank file, submission, and confirmation automatically.
No AP files needed
Eliminate the need for creating and verifying AP files manually. Approved invoices flow directly to payment without format headaches.
"We used to spend 2 hours every payment day just creating and uploading AP files. Now we click 'Pay All' and it's done in minutes."
2 hrs
saved per payment run
Security & Control
Bank-grade security with your approval rules
Configure payment authorizations that match your policy. Multi-level approvals, amount-based routing, and designated signatories. Every payment requires the right approvals before execution.
Customizable authorizations
Configure secure payment authorizations ensuring only designated personnel can approve and execute transactions. Amount-based, role-based, or entity-based controls.
Maker-checker workflows
Built-in segregation of duties. One person initiates, another approves. Full audit trail of who did what and when.
Tracking & Reporting
Every payment tracked. Every vendor informed.
Track partial payments, generate reconciliation reports, and send detailed payment communication to vendors — all automatically. Centralized records make month-end close and audits effortless.
Partial payment tracking
Track payments against invoices — whether full or partial. See outstanding balances, payment history, and aging at a glance.
Vendor payment communication
Vendors receive comprehensive payment details automatically — invoice references, payment dates, and UTR numbers. No more "did you pay?" calls.
"Our vendor calls dropped 80% after we started sending automatic payment confirmations. They know exactly when they're getting paid."
80%
fewer vendor payment queries
FAQ
Which banks does Pazy integrate with?
Pazy connects directly with 10+ major banks including HDFC, ICICI, Axis, Kotak, Yes Bank, IndusInd, RBL, DBS, HSBC, and Federal Bank. More banks are added regularly.
Do I need to change my bank account?
No, Pazy works with your existing bank accounts. Simply connect them through our secure integration and start paying from Pazy immediately.
How does Pazy execute payments?
Once an invoice is approved in Pazy, click to pay. Pazy generates the bank instruction, submits it securely to your connected bank, and confirms the payment status — all without manual AP files.
Can I set up payment approval workflows?
Yes — configure multi-level payment approvals based on amount, vendor, entity, or department. Only designated personnel can authorize payments.
Does Pazy support bulk payments?
Yes — select multiple approved invoices and pay them in a single batch. Pazy handles the bank submission and tracks each payment individually.
How does Pazy handle partial payments?
Pazy tracks partial payments against invoices, showing outstanding balances and payment history. You can pay invoices in installments and see exactly what's been paid.
Is the bank integration secure?
Yes — Pazy uses bank-grade security with encrypted connections, maker-checker workflows, and complete audit trails. Your bank credentials are never stored — we use secure API connectivity.