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Account activation and configuration is required before development

A configured merchant relationship is required to use the Payment Splitting feature. If you need assistance, please reach out to [email protected].

Overview

The Payment Splitting feature enables Platform accounts to split payments to multiple connected child accounts. It's designed to support flexible payment distribution across various parties. To create child accounts and get started, refer to our Onboarding API.

Key Features and Use Cases

The Split Payments API is ideal for scenarios where funds from a single transaction need to be distributed among multiple parties. This functionality offers significant benefits by automating complex payment flows and ensuring accurate, timely payments.

Marketplaces

Easily allocate payments to different sellers and service providers, such as delivery riders or technicians. This is all handled in a single transaction, with all parties receiving their respective cuts automatically.

• A customer purchases an item from a marketplace:

  The marketplace platform: Receives a percentage-based commission

  The delivery rider: Receives a fixed delivery fee

  The partner restaurant: Receives the remaining amount

This simplifies the financial reconciliation process, eliminates manual payout overhead, and ensures each party is paid correctly based on predefined rules.

Platforms that facilitate Multi-Party Transactions

Distribute funds to all relevant parties in a transaction, such as service providers and platform fees, without manual intervention.

• A platform facilitates a vacation rental booking. A customer pays for the stay, and the Split Payments API automatically allocates funds to:

  The property owner: Receives the nightly rate minus all fees

  The cleaning service: Receives a fixed cleaning fee

  The platform: Receives a percentage-based commission for facilitating the booking

This streamlines the entire payment process, ensuring each stakeholder is paid simultaneously from the initial transaction. It reduces operational costs and provides transparent, automated payment distribution, which is crucial for building trust with service providers.