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Events/Payments
payout.initiated

Payout initiated

Theyutes started a Paystack Transfer for a settlement period.

When this fires

Theyutes kicked off a Paystack Transfer for a settlement period — the bank hasn't credited yet.

Sample payload

This is the exact envelope shape we POST to your endpoint — outer wrapper plus the per-event data payload. Field values are randomised on each render so you see the general shape, not a fixed example.

json
{
  "id": "78b7e59f-aea8-4454-8a09-0d7b3c3a33c9",
  "event": "payout.initiated",
  "created": "2026-07-29T17:36:12.248Z",
  "data": {
    "id": "ciqziakjpa5f0000000000000",
    "amountKobo": 17463354,
    "currency": "NGN",
    "bankName": "UBA",
    "accountLast4": "7300",
    "initiatedAt": "2026-07-29T17:36:12.248Z"
  }
}

Use cases

  • Show a 'payout in flight' badge on the merchant's internal cash-flow tracker.
  • Pre-populate a reconciliation entry for the expected deposit.
  • Alert finance when a large payout starts moving.

Subscribe in the dashboard

To start receiving this event, add it to a webhook's subscription list in Developers → Webhooks. Wildcard subscriptions ( payout.*) work too — see the webhooks guide for the matching rules.