Switch on Vendor Payouts first, then Payout Batches, in Settings → Modules. Vendors → Payout Batches appears in the menu.
Make sure sellers have bank details in their seller profile. The batch copies them at the moment it is created.
Decide your schedule, for example every Monday for the previous week, or on the 1st and 15th of each month. Many Indian marketplaces pay weekly or fortnightly.
Create your first batch (see Create + preview a batch): choose the period, click Preview, check the figures, then Confirm & Create Batch.
Pay the sellers in your bank, click Start Processing while you do, and Mark Completed when the money has gone.
