Moyasar Payouts is a unified API payment for banking B2B services. It allows you to easily integrate your system to send payments to any recipient you desire.
The API abstracts all unnecessary complications and information and provides a unified way to initiate payouts.
- Payout Account: contains the source account information and is only added to the system once the user registers.
- Payout: represents a single Payment, Transfer, or Payout that wires funds from a Payout Account to some IBAN.
We are continuously working to support more banks through the unified payouts API. Currently, the following are supported:
- Arab National Bank
- Al Rajhi Bank
- Saudi National Bank (Coming Soon)
To use the service, the user must first acquire B2B service credentials from their bank. Each bank has a different set of credential information. Here is a list of fields provided by each bank:
Arab National Bank
Once you have acquired your bank credentials, you can set up your payout account through the following API: Create Payout Account.