Plaid has launched Payouts in the UK, enabling users to instantly make withdrawals and refunds, building on its Payment Initiation service that allows customers like Kraken and PensionBee to offer a smooth "click, confirm, and carry on" experience. The new product uses Railsr1's e-money accounts to facilitate instant payouts, offering low-cost payments with verified bank details, easy integration, and real-time payment confirmation. This move aims to drive open banking payment adoption across various use cases, including e-commerce and iGaming, allowing users to seamlessly pay-in and pay-out using the same integration.