Definition
Split settlement divides a single customer payment into multiple payouts for different stakeholders such as merchants, vendors, or partners.
How this works
A payment is processed once. The platform allocates predefined percentages or amounts to each party and settles them separately.
Benefits
• Automated revenue sharing
• Reduced manual calculations
• Transparent fund distribution
• Faster partner payments
FAQs
Where is split settlement commonly used?
Marketplaces, aggregators, travel platforms, and multi vendor commerce.
Can split settlement be rule based?
Yes. Rules can be based on percentage, amount, tax, or fees.
Does split settlement support refunds?
Yes. The system reverses allocations proportionally during refunds.
Is split settlement compliant with regulations?
Yes, when implemented through compliant payment aggregators and escrow structures.