`transaction_description` Field now mandatory for payouts.
Going forward, providing a clear and concise description for each payout transaction will become mandatory.
Confirmation Documents Now Available for Payouts & Settlements!
We’ve added a Confirmation Documents section to the Vendor Payouts and Settlements summary screens – giving you direct access to key documents related to your transactions.
Added Settlement Object and Webhooks
- Settlement Object
- Resource representing a batch of transactions that are cleared and paid out.
- Endpoints for constituent transaction listing:
- Webhook Events
Updated Mandatory Fields For Creating a Checkout/Payin.
Integrated customers will now need to pass the following fields mandatorily while creating a checkout/payin transaction:
Update In Payout Requirements
This update enhances payout success rates and streamline validations for required fields, leading to a more efficient and reliable payout experience which will require users to make changes to your existing API integrations by 30th April 2025.
Webhook Authentication
To ensure that webhooks sent from Tazapay are authentic and have not been compromised, we have introduced a new security feature: Webhook Signature Verification. This mechanism allows you to verify that the webhook request received on your server was sent by Tazapay, ensuring the integrity and authenticity of the data.
Introduced a new field to represent PIX key type for payouts using the PIX network
Introduced a new field deposit_key_type
in the destination_details of type pix_brl
Updated Webhook Event For Proof Of Payment
Users can now consume payout.proof_of_payment_generated
webhook for successful payouts. This is triggered by default on successful addition of payment proof once the payout is successfully credited to the beneficiary.
🚀 Enhanced Transparency in Collect Transactions
We're excited to announce an update to the Collect object – now featuring Sender Wallet Details and Transaction Hash for greater visibility and traceability!
Guide to MT103: Explanation and Usage
Introduced a guide for understanding the importance of MT103 and how to understand the same.