Named INR virtual accounts. Real-time payouts. One API.
Give every user, merchant, or counterparty their own dedicated INR account number. Reconcile inbound payments the instant they land. Send INR payouts 24/7 across IMPS, NEFT, RTGS, and UPI rails — without ever touching a bank branch.
Reconciliation shouldn't be a guessing game.
Most platforms collect INR into one pooled account and spend hours matching payments to users by reference numbers, screenshots, and hope. Plutope gives every user a real, named virtual account — so every rupee that arrives is identified the moment it lands.
The whole INR stack, abstracted.
Issue accounts instantly
Spin up a dedicated, named INR virtual account for any user via a single API call. Each comes with a real account number and IFSC code.
Reconcile in real time
Every inbound payment fires a webhook with the sender, amount, and the exact virtual account it hit. No manual matching. No reference-number roulette.
Pay out 24/7
Push INR to any bank account in India via IMPS, NEFT, RTGS, or UPI — instantly, around the clock, including weekends and bank holidays.
Four steps. End to end.
Create
Call POST /virtual-accounts with a user reference. Get back an account number and IFSC instantly.
Collect
Your user transfers INR to their dedicated account from any Indian bank.
Reconcile
Plutope fires a webhook the moment funds settle — tagged to the exact user.
Pay out
Trigger payouts to any beneficiary with POST /payouts. Funds move in seconds.
// Issue a named INR virtual account for a user
const account = await plutope.virtualAccounts.create({
user_reference: "usr_8842",
holder_name: "Rohan Mehta",
purpose: "wallet_funding"
});
// account.account_number → "50100XXXXXX742"
// account.ifsc → "PLUT0000001"
// Later — a payout to any Indian bank account
const payout = await plutope.payouts.create({
amount: 140000,
currency: "INR",
rail: "IMPS",
beneficiary: {
name: "Rohan Mehta",
account_number: "9112XXXXXX08",
ifsc: "HDFC0000123"
}
});
// payout.status === "completed" in secondsBuilt for teams that can't afford to lose a payment.
Who's plugging this in.
Digital-asset on-ramps
Collect INR into per-user accounts, credit digital assets the instant it reconciles.
Marketplaces & platforms
Give every seller a dedicated account. Settle payouts daily, automatically.
Wealth & lending apps
Identify every deposit instantly. Disburse loans and returns without delay.
Regulator-ready, by design.
Compliant with FIU-IND reporting and AML/CFT obligations
Tier-1 bank sponsorship for virtual account issuance
Full KYC/KYB on every account holder
AML/CFT screening aligned with FATF guidance
vs. doing it yourself.
| Capability | Plutope | Direct bank integration |
|---|---|---|
| Per-user named accounts | Manual, if at all | |
| Real-time inbound webhooks | Batch files, T+1 | |
| 24/7 payouts incl. holidays | Banking hours | |
| Single API, multiple rails | One integration per bank | |
| Go live in under 30 days | 6–12 months | |
| Compliance handled | Your problem |
What teams ask before they integrate.
Book a B2B demo
Spin up unique INR virtual accounts, real-time reconciliation, and instant payouts. Talk to a solutions engineer about your collection volumes.
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- · Solutions engineer + commercial in the first call
- · NDA-ready architecture and pricing walkthrough