Payments - Payouts
all payment payout related article
This status will appear when you make a transaction but Open hasn’t received a response from the partner bank about the current status of the transaction. I...
Wed, 2 Nov, 2022 at 4:22 PM
Bulk payout can be used when you want to send payouts to multiple contacts at once. To collect payments from multiple customers follow the below steps: 1....
Wed, 2 Nov, 2022 at 4:30 PM
Currently up to 1000 transactions can be processed in a single file.
Wed, 2 Nov, 2022 at 4:31 PM
The time taken to process a bulk payout file will depend on the number of entries in the file. If there are a huge number of entries, the time taken to proc...
Wed, 2 Nov, 2022 at 4:32 PM
No. You cannot cancel a file that has already been uploaded.
Wed, 2 Nov, 2022 at 4:32 PM
If the there is an error (Invalid details) in a row, then the particual transaction will update as failed and rest of the transaction will be processed.
Wed, 2 Nov, 2022 at 4:33 PM
Well, this is because some of the entries didn’t go through due to an error. If there is an error in a specific row, the payment for that row will not go th...
Mon, 9 Aug, 2021 at 6:36 PM
No, there is no limit to the fund transfers on Open via Connected/linked Current Account.
Wed, 18 Jan, 2023 at 7:11 PM
In case of any disputes/chargeback requests, write an email to us on letstalk@bankopen.co about the issue in detail. We shall raise it with our concerned te...
Mon, 9 Aug, 2021 at 6:47 PM
No, there is no limit for sending payouts via Connected/linked Current Account on OPEN?
Wed, 18 Jan, 2023 at 7:12 PM