Added

Added support for fund transfer network

Local payouts now support fund transfer networks, allowing visibility into—and where supported, selection of—the actual network used to deliver funds.


1. Payout Object

New Fields

A new optional local object is added to the payout object.

FieldSub-fieldTypeMandatoryDescription
localjsonNFields specific to local payouts
fund_transfer_systemenumNFund transfer network used for the payout.

Notes

  • Represents the actual network used to deliver funds
  • Certain corridors allow Tazapay users to specify the network, for others it is auto populated
  • Returned in all payout API responses and payout webhooks

2. Payout Bank Metadata API

New Fields

The payout bank metadata response now includes fund_transfer_networks.

fund_transfer_networks (array)

Each object contains:

FieldTypeDescription
remitter_preference_supportbooleanIndicates if the network can be specified in the payout request
namestringName of the fund transfer network
transfer_limitobjectTransfer limits specific to the network

Transfer Limit Rules

  • Limits may vary by network
  • Effective payout method limits are derived as:
    • Min limit: max of all network minimums
    • Max limit: min of all network maximums

Backward Compatibility

  • All fields are optional
  • No breaking changes to existing integrations

Relevant Links

  1. Create Payout
  2. Payout Bank Metadata API