Introduction

Split Settlement will help a merchant to distribute the order amount into multiple settlement accounts at the gateway end. The use cases may be as below:

• Splitting the final amount into multiple accounts as per different Line of Businesses. Ex - If a merchant is selling multiple verticals (groceries, apparel, electronics etc) on its website, the merchant can split the final order amount as per the verticals involved and settle into multiple accounts at the gateway end.

• In a marketplace model, a merchant may keep the commission and settle the remaining amount directly to sub-vendors using this feature.

Payment Processors supported

While we are constantly striving to expand the coverage of split settlement payments with more payment processors, below is the list of currently supported payment processors.

• Razorpay

• PayU

• PAYTM_V2

• EASEBUZZ

• GOCASHFREE

• SIMPL

• CCAVENUE_V2