An easier way to make local and international transfers (Pay-Outs)

Make transfers to business partners, customers and suppliers in Nigeria at the best rates

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Send money quick and easy via our API or portal

With Cradle, you can automate your payout processes and send fast payments without hidden fees.

Cross Currency Payouts

Transfer funds from one currency to another currency using Cradle

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Same Currency Payouts

Movement of funds within the same currency

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An easier way to make transfers

Make automated payouts in Nigeria through bank accounts, mobile money wallets and cash pick-ups (Coming soon)

Make transfers in bulk

Send payments in bulk to your employees, suppliers, or manufacturers in Nigeria.

Remittance made easy

Take advantage of our extensive payment network for SWIFT, SEPA, SEPA Instant, CHAPS, FAST, NIP transfers with low and transparent transaction fees.

Pay-Out Methods

Cradle offers Payouts through these methods

Bank Accounts Transfer
Mobile Money Transfer
Cradle Account to Account transfer
Cash pick-ups (Coming soon)

Simplify your payouts

By utilizing a single integration, you can automate your transfers to individuals or businesses and reduce the chances of human error. We will handle all the complexities.

Pay-Out Supporting Features

Simplified payout process

Using a single integration, you can automate hours of operational overhead and reduce the likelihood of human error.

Payout Insights

View view extended details of previous transfers

Beneficiary Management

Manage beneficiaries (payout recipients), create new beneficiaries at the point of Payout and Payouts can be made without saving beneficiaries.

Local & Cross-Currency Payout

Make same currency payouts and cross-currency payouts seamlessly. This also supports currency conversions.

Disbursement and payroll management

Cradle Pay-Out API allows the bulk capability for pay-out to different countries and currencies across Africa. Allow payroll companies to facilitate payments across Africa and make cross-currency and single-currency Pay-Outs.

Delight partners with settlement

Cradle provides the infrastructure for Pay-Out needs for all types of businesses. From bookmakers making payments to winners to logistics and mobility businesses making payments to drivers and agents etc. Businesses can make single and bulk Pay-Outs to partners with our Pay-Out API that allow payment via Merchant Dashboard.

Manage currencies and facilitate cash repatriation

Leverage our treasury solution to settle and move funds outside the country to meet obligations from partners in other available currencies.

Our payout network is available across 150+ countries. Without any hidden fees you can:

Make single and cross currency payouts in different supported currencies via API or dashboard.

Prefund your wallet in NGN for remittances and local transfers.

Integrate Cradle payout API to pay salaries, businesses, individuals, traders, and customers on your platform in real time.

Be assured that your data and funds are safe. Our world-class security and encryption ensure that every data is safe from fraud.

Ensure funds arrive in beneficiary accounts swiftly

Be assured of complete transactions with no delay.

How It Works

Fund your account in minutes

Add funds from your bank to your Virtual account.

Select the type of payout

One-time Pay-Out, Pay-Out to a beneficiary, Pay-Out to a Cradle balance or Pay-Out to self

Set up Pay-Out details

Currency you're sending to the beneficiary, currency you want the beneficiary to receive the Pay-Out in, and the beneficiary's details

Send Pay-Out via API or dashboard

Beneficiary receive funds without delay

Pricing

Cradle’s Pay-Out product ensures you can seamlessly make transfers into any of our supported currencies.

Starts at

₦5 capped at ₦50

dependent on the Pay-Out channel