Adds the ability to specify the purpose of Outbound PaymentsPublic preview
What’s new
Adds the purpose parameter to the v2 Outbound Payment object. This optional parameter allows you to specify the purpose of an outbound payment.
Impact
You can now specify a payment purpose when creating a v2 Outbound Payment. If you process US ACH payments intended for payroll, you can set purpose to payroll to help ensure compliance with upcoming NACHA requirements.