Navigate to the Apps option on the top right corner of the screen and select the Payouts app. (If you wish to know more regarding the Payouts solution click here.)
Navigate to the Contacts option within the dashboard, select the Beneficiaries option & click on List beneficiary.
On the next page, a listed view of all your beneficiaries will be visible, use the side scroll option available, scroll to the end of the beneficiary list you will be able to view a delete button beside that particular beneficiary. Now simply delete the outdated beneficiary if needed.
You're all set! Click here to learn how to view your listed transactions.