Summary
🚀 Currency Expansion & Recipient Management Enhancements: Added support for payout currencies and enhanced recipient management with currency-specific fields for better compliance and data management.
Recipient APIs now support currency-specific additional details, enabling compliance with local regulatory requirements for different payout currencies.
New Features
Payout Currencies Support
Get Currencies
- What’s New: Added
payout_currenciesarray to the currencies reference endpoint - Purpose: Returns the list of currencies that can be used for payouts in your organisation
- Benefits:
- Enables clients to programmatically determine available payout currencies
- Supports dynamic currency selection in payment workflows
- Provides clear visibility into supported payout options
Enhanced Recipient Management
Add a New Recipient & Update a Recipient’s Account
- What’s New: Added
additional_detailsobject to both recipient creation and update payloads - Purpose: Support currency-specific fields required for different payout currencies
- Key Features:
- Flexible map structure for currency-specific information
- Example structure:
- Supported Currencies and Fields:
- BRL (Brazilian Real): Tax ID must be provided in the
tax_idfield - KRW (South Korean Won): Business Registration number must be provided in the
tax_idfield - PKR (Pakistani Rupee): Identification number must be provided in the
tax_idfield - ISK (Icelandic Króna): Supported currency for currency-specific recipient payloads
- BRL (Brazilian Real): Tax ID must be provided in the
- Enables compliance with local regulatory requirements
- Allows modification of tax identification numbers or registration details when updating recipients
Get Recipients & Get Recipient Details
- What’s New: Response now includes
additional_detailsobject - Purpose: Retrieve tax identification numbers or registration numbers for recipients when available
- Key Features:
- Returns currency-specific recipient information
- Provides complete recipient profile including compliance data
- Supports audit and compliance workflows
Breaking Changes
- None. All changes are additive and backward compatible.