Payouts
about 23 hours ago by ReadMe API
2025-05-09
Published documentation for real-time clearing (RTC) Payouts that replaces the legacy Payouts product described below.
2022-08-19
Published documentation for payouts, BANV, BANVR, CDV, and beneficiaries functionality.
- Payouts: Batch EFT payments
- Bank account verification (BANV): Confirm that bank accounts are valid
- Real-time bank account verification (BANVR): Confirm, in real-time, that bank accounts are valid
- Check digit verification (CDV): Verify bank account numbers against bank-supplied algorithms to decide if the account numbers fall in a valid range for that bank
- Beneficiaries: Securely manage beneficiary accounts