Creating payout

POST /api/public/v1/payouts

This endpoint creates payouts.

It takes a few seconds to build and broadcast a transaction, so please expect some delay before a txId value appears. We advise polling the GET /api/public/v1/payouts/:id endpoint to monitor both the payout status and the txId.

Destination Tag Requirement for XRP Addresses:

XRP addresses require an additional parameter: a destination tag.

A destination tag functions similarly to a reference number in bank transfers, helping to identify the intended beneficiary of a transaction.

Important Notes:

  • A destination tag cannot be left blank. Collect this tag from your customers before submitting a payout request to Txn

  • If end-users do not specify a destination tag, use "0" by formatting the address as follows:

    rwCQVZLSMNY6DgMH61317qvH3nHYqm68PF?dt=0

Warning: If you enter "0" as the destination tag for a wallet shared by multiple users, e.g. online wallets or exchange platforms, the funds may be permanently lost.

Headers

Name
Value

Content-Type

application/vnd.api+json

Authorization

Bearer <api_key>

Request Body

Name
Type
Required
Description

data.type

string

Yes

Can only be payouts.

data.attributes.reference

string

No

The custom reference ID to tie the payout to end-user who gets paid. This can be anything you choose. Must be a unique value for each pyout you create.

data.attributes.amount

number

Yes

data.attributes.currency

string

Yes

data.attributes.payNetwork

string

Yes

data.attributes.address

string

Yes

Wallet address of a payout recipient.

absorbFees

boolean

No

If false or omitted, both service and network fees are deducted from the transaction amount. If true, both fees are deducted from your account balance.

Response Body

Name
Type
Description

data.id

string

Payout ID.

data.type

string

Aways payouts.

data.attributes.reference

string

The custom reference ID to tie the payout to end-user who gets paid. This can be anything you choose.

data.attributes.status

string

data.attributes.address

string

Wallet address of a payout recipient.

data.attributes.createdAt

string

Payout creation timestamp.

data.attributes.absorbFees

boolean

If false or omitted, both service and network fees are deducted from the transaction amount. If true, both fees are deducted from your account balance.

data.attributes.amount

number

Payout amount. This is the amount that Txn debited from your account on the Txn platform.

data.attributes.currency

string

Payout amount currency code. This is effectively the currency account which Txn took the payout amount from.

data.attributes.payCurrency

string

The code of a token or cryptocurrency transferred to the receiving address.

data.attributes.payAmount

string

The amount of tokens or cryptocurrency transferred to the receiving address.

data.attributes.txid

string

The token or cryptocurrency transaction hash. This is effectively a unique identifier of a transaction on a relevant blockchain. You can share it with the receipient as a proof of payment.

data.attributes.payNetwork

string

data.attributes.networkName

string

Network name. E.g. Tron (TRC20).

data.attributes.networkFee

string

The network fee amount Txn took to cover blockchain fees.

data.attributes.networkFeeCurrency

string

Network fee currency.

data.attributes.payoutFee

string

Payout fee amount. This is the Txn's processing fee.

data.attributes.payoutFeeCurrency

string

Payout fee currency.

data.attributes.exchangeRate

string

Exchange rate.

Response

{
  "data": {
    "id": "c03bc7ec-8cf8-449c-9ba5-660364970682",
    "type": "payouts",
    "attributes": {
      "address": "TTbGTMwUwA3mncLP7xqCZei1ekaNSgeAJe",
      "createdAt": "2024-07-30T15:32:15.287Z",
      "absorbFees": false,
      "reference": "e8fd9254-dba4-448e-a537-4a670d720855",
      "status": "processing",
      "amount": "50.00",
      "currency": "USD",
      "payCurrency": "TRX",
      "payAmount": "363.663665",
      "payNetwork": "ttrx",
      "payNetworkName": "Tron",
      "txid": null,
      "networkFee": "2.000000",
      "networkFeeCurrency": "TRX",
      "payoutFee": "0.50",
      "payoutFeeCurrency": "USD",
      "exchangeRate": "0.1353703"
    }
  },
  "meta": {},
  "jsonapi": {
    "version": "1.0"
  }
}

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