patch https://api.stage.localpayment.com/api/payout/cancel
This endpoint allows you to cancel a previously initiated payout transaction, preventing the transfer of funds to the beneficiary. This is useful if you need to correct an error in the payout request or stop a payout that was authorized in error.
Note
Only payout transactions that are in the Locked or On Hold status can be canceled. Refer to the Payout Transaction Flow documentation for more details about payout statuses and transitions.
By canceling a payout, you can ensure that funds are not sent to the wrong beneficiary or that incorrect amounts are not transferred. This helps maintain the accuracy and security of your financial transactions.