Using API

Step 1: Initiate a payout request

Tazapay uses a payout object to represent your intent to initiate a payout to another accouont on Tazapay. The payout object tracks state changes from when the payout is initiated to when the beneficiary receives the funds.

Create a payout on your server using Tazapay’s payout API with the following information:

Payout Amount and Currency - The amount you want to transfer to the beneficiary
Beneficiary Details
1. Type - business or individual
2. Deposit Address - Deposit Address of the Beneficiary’s Tazapay Account
Type of Payout - tazapay_account
Holding Currency (optional) - The currency in your balance you want to fund the payout from
Reason for payout

Sample Request cURL

curl --request POST \
  --url https://service.tazapay.com/v3/payout \
  --header 'accept: application/json' \
  --header 'content-type: application/json' \
  --data '{
  "purpose": "PYR005",
  "amount": 10000,
  "currency": "USD",
  "holding_currency": "USD",
  "type": "tazapay_account",
  "transaction_description": "E20",
  "beneficiary_details": {
    "type":"business",
    "destination_details":{
      "type":"tazapay_account",
      "tazapay_account":{
        "deposit_address":"hrknew10@tzp"
      }
    }
  }
}'

Response

{
  "status": "success",
  "message": "",
  "data": {
    "amount": 10000,
    "balance_transaction": "",
    "beneficiary": "bnf_d21fu49kn8fb8eonham0",
    "beneficiary_details": {
      "address": null,
      "date_of_birth": "",
      "destination": "",
      "destination_details": {
        "tazapay_account": {
          "deposit_address": "hrknew10@tzp"
        },
        "type": "tazapay_account"
      },
      "documents": [],
      "email": "",
      "name": "",
      "national_identification_number": "",
      "party_classification": "",
      "phone": null,
      "registration_number": "",
      "tax_id": "",
      "type": "business"
    },
    "charge_type": "",
    "confirmation_documents": [],
    "created_at": "2025-07-25T04:27:19.705179Z",
    "currency": "USD",
    "documents": [],
    "holding_currency": "USD",
    "holding_fx_transaction": {
      "exchange_rate": 1,
      "final": {
        "amount": 10000,
        "currency": "USD"
      },
      "id": "fx_d21gf9vfi97uerbjg3i0",
      "initial": {
        "amount": 10000,
        "currency": "USD"
      },
      "object": "fx_transaction"
    },
    "id": "pot_d21gf9pkn8fb8eonk5h0",
    "local": {
      "fund_transfer_network": ""
    },
    "logistics_tracking_details": [],
    "metadata": null,
    "mt103": "",
    "object": "payout",
    "payout_fx_transaction": {
      "exchange_rate": 1,
      "final": {
        "amount": 10000,
        "currency": "USD"
      },
      "id": "fx_d21gf9vfi97uerbjg3ig",
      "initial": {
        "amount": 10000,
        "currency": "USD"
      },
      "object": "fx_transaction"
    },
    "purpose": "PYR005",
    "reference_id": "",
    "statement_descriptor": "",
    "status": "processing",
    "status_description": "",
    "tracking_details": null,
    "transaction_description": "E20",
    "type": "tazapay_account"
  }
}

id is the unique identifier for the payout. You can use this to track the payout.

Alternatively, creating a beneficiary and then creating a payout

To align with your workflow, you can choose to split Step 1 into two steps

Step 1A: Creating a beneficiary using the Create Beneficiary endpoint
Step 1B: Initiating a payout using the Create Payout endpoint

Step 1A: Create a Beneficiary

Tazapay uses a beneficiary object to represent the receiver of funds of a payout. Pass the beneficiary type and their deposit address to /v3/beneficiary endpoint.

Sample Request cURL

curl --request POST \
  --url https://service.tazapay.com/v3/beneficiary \
  --header 'accept: application/json' \
  --header 'content-type: application/json' \
  --data '{
  "type":"business",
  "destination_details": {
    "type": "tazapay_account",
    "tazapay_account": {
       "deposit_address":"realitee@tzp"
    }
  }
}'

Response

{
  "status": "success",
  "message": "",
  "data": {
    "address": null,
    "created_at": "2025-07-25T03:50:41.787382Z",
    "date_of_birth": "",
    "destination": "tac_d21fu49u2ef2bt5bosq0",
    "destination_details": {
      "tazapay_account": {
        "deposit_address": "hrknew10@tzp"
      },
      "type": "tazapay_account"
    },
    "documents": [],
    "email": "",
    "id": "bnf_d21fu49kn8fb8eonham0",
    "metadata": null,
    "name": "",
    "national_identification_number": "",
    "object": "beneficiary",
    "party_classification": "",
    "phone": null,
    "registration_number": "",
    "tax_id": "",
    "type": "business"
  }
}

id is the unique identifier for a beneficiary. Pass this in the Create Payout API to initiate a payout.

Step 1B: Initiating a payout to an existing beneficiary

Create a payout on your server using Tazapay’s payout API with the following information:

Payout Amount and Currency - The amount you want to transfer to the beneficiary
Beneficiary ID
Type of Payout - Tazapay Account
Holding Currency (optional) - The currency in your balance you want to fund the payout from
Reason for Payout

Sample cURL

curl --request POST \
  --url https://service.tazapay.com/v3/payout \
  --header 'accept: application/json' \
  --header 'content-type: application/json' \
  --data '{
  "purpose": "PYR005",
  "amount": 10000,
  "currency": "USD",
  "holding_currency": "USD",
  "type": "tazapay_account",
  "transaction_description": "E20",
  "beneficiary": "bnf_d21fu49kn8fb8eonham0"
}'

Response

{
  "status": "success",
  "message": "",
  "data": {
    "amount": 10000,
    "balance_transaction": "",
    "beneficiary": "bnf_d21fu49kn8fb8eonham0",
    "beneficiary_details": {
      "address": null,
      "date_of_birth": "",
      "destination": "tac_d21fu49u2ef2bt5bosq0",
      "destination_details": {
        "tazapay_account": {
          "deposit_address": "hrknew10@tzp"
        },
        "type": "tazapay_account"
      },
      "documents": [],
      "email": "",
      "name": "",
      "national_identification_number": "",
      "party_classification": "",
      "phone": null,
      "registration_number": "",
      "tax_id": "",
      "type": "business"
    },
    "charge_type": "",
    "confirmation_documents": [],
    "created_at": "2025-07-25T08:15:22.392694Z",
    "currency": "USD",
    "documents": [],
    "holding_currency": "USD",
    "holding_fx_transaction": {
      "exchange_rate": 1,
      "final": {
        "amount": 10000,
        "currency": "USD"
      },
      "id": "fx_d21jq6nfi97uerbjoh3g",
      "initial": {
        "amount": 10000,
        "currency": "USD"
      },
      "object": "fx_transaction"
    },
    "id": "pot_d21jq6hkn8fb8eoo0g70",
    "local": {
      "fund_transfer_network": ""
    },
    "logistics_tracking_details": [],
    "metadata": null,
    "mt103": "",
    "object": "payout",
    "payout_fx_transaction": {
      "exchange_rate": 1,
      "final": {
        "amount": 10000,
        "currency": "USD"
      },
      "id": "fx_d21jq6nfi97uerbjoh30",
      "initial": {
        "amount": 10000,
        "currency": "USD"
      },
      "object": "fx_transaction"
    },
    "purpose": "PYR005",
    "reference_id": "",
    "statement_descriptor": "",
    "status": "processing",
    "status_description": "",
    "tracking_details": null,
    "transaction_description": "E20",
    "type": "tazapay_account"
  }
}

id is the unique identifier for a payout. You can use this to track the payout

Step 2: Handle Payout events

A payout is in the processing state after it is successfully initiated. The payout can move to one of the following three states from the processing state:

requires_action - This is when the payout requires additional information. These additional information are typically required for reasons of regulatory compliance. Tazapay will reach out to your registered email address specifying the exact requirements and the next steps. After you have provided the necessary information, Tazapay will review and the payout can subsequently move to either succeeded or failed.
succeeded - Depending on the beneficiary country, this is the state of the payout when the funds have reach the destination bank or will reach in a few business days.
failed - This is the state when the payout fails. Any funds deducted for the payout will be credited back to your account. Tazapay specifies the reason for the failure in the field status_description

Tazapay delivers webhooks to your registered endpoint notifying you of any event of interest for the payout.