The Split Payment Settlement Process allows merchants to divide a single transaction payment into multiple settlement amounts across different accounts, either by a fixed amount or a percentage. This feature provides enhanced flexibility for managing complex payment scenarios, such as distributing funds to multiple sub-merchants, partners, or vendors.
With this functionality, merchants can easily manage payouts for different stakeholders within a single transaction, streamlining operations and reducing the need for manual adjustments. Whether it’s splitting revenue between partners or allocating specific amounts to sub-accounts, this process ensures a seamless and automated way of handling fund distribution.
To enable the Split Payment option on your store, please reach out to your sales manager or contact our support team at [email protected]