Payouts

Learn about Pine Labs Online Payouts APIs.

Payouts refer to the transfer of money from a business to an individual or another business, typically for purposes such as vendor settlements, refunds, salary disbursements, or partner commissions. They are a critical aspect of financial operations, ensuring funds are distributed accurately, securely, and on time.

With Pine Labs Online Payout APIs, you can transfer funds directly to an individual bank account or to multiple bank accounts through bulk payouts.


Prerequisites

To use Pine Labs Online Payout APIs, as a prerequisite, you are required to configure your funding account and ensure sufficient balance is available for initiating payouts.

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Payout APIs

Pine Labs Online Payout APIs can be used for the following actions:


Create Payout
POST

Use this API to create a Individual Payout.

/payouts/v3/payments/banks
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Get Payouts
GET

Use this API to fetch all the payout details.

/payouts/v3/payments
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Get Account Balance
GET

Use this API to fetch the account balance linked to Pine Labs Online account.

/payouts/v3/payments/funding-account
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Create Bulk Payouts
POST

Use this API to create bulk Payouts.

/payouts/v3/payments/banks/file
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Update Scheduled Payout
PUT

Use this API to update a plan.

/payouts/v3/payments/banks/{paymentReferenceId}
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Cancel Scheduled Payout
PUT

Use this API to cancel the scheduled payout.

/payouts/v3/payments/banks/{paymentReferenceId}/cancel
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