Payout API Service

A Payout API or Money transfer API, sometimes also called Bank Transfer API, is a code block that can interact with your current account and Open Payout system. The payout APIs help businesses accept bulk lists and automatically make bulk payments to beneficiaries. A bulk list is a catalogue of stakeholders such as customers, employees, suppliers, and utility service providers. The Payout API automates the payment process, giving businesses freedom from the repetitive and arduous task of adding beneficiary lists and making bulk payments.