Payout Error Codes are returned when a payout is created, but fails for some reason. These are sent as part of the payout response and webhook payloads.
The error object in the payouts' API response gives more details about the exact reason for a payout failure and the suggested next steps. You can enable these changes from the RazorpayX Dashboard.
Please share this information with your developers and make sure to check if there is any hard mapping for parameters before making this change. Once enabled, these changes cannot be reverted back.
Watch Out! The failure_reason field would be deprecated from the API response in a few days after enablement to reduce redundancy.