Occasionally you may want to cancel a payout in transit for a number of reasons such as a change in the account information from the counterparty, duplicate payouts, incorrect amount, etc
Below are the steps that are required to cancel payout :-
Navigate to the payout tab
Search and locate the payout you want to cancel
Click on the particular payout to see details
Click on the cancel payout button
Click on Yes in the confirmation modal
Payment cancellations are permitted only before the transaction reaches a critical stage in its processing. In cases where cancellation is no longer possible, please reach out to the beneficiary to initiate a reversal of the funds.
A payout with the Queued state can be cancelled at any time while it waits for your balance to cover it. Nothing is reversed, because no funds were held. See Queued Payouts.