Split payments
Integrate automatic payment splitting between multiple partners or counterparties
What is payment splitting?
Split payments is a setting that allows you to split a single payment to multiple recipients.
Splitting payments from iPay.ua comes in handy if you regularly have to settle with several partners after each payment from a client. For example, if you are a marketplace and you need to redistribute received funds between sellers.
How does split payments work?
Full automation of settlement with partners
Splitting payments is a convenient tool that automates a large amount of work related to calculations and reporting with partners as much as possible.
Set up instant crediting of funds to partners' accounts and choose convenient payment schedules
Set up a separate individual commission for each sub-merchant, according to your arrangements and business models.
Get full reporting on payments to each partner and set up automatic sending of reporting to partner's email.
Give full or partial refunds to individual partners with fine-tuned refund settings.