Payment Splitting is an essential tool to simplify the distribution of the sales amount among multiple establishments. In this process, the total transaction amount is charged in a single transaction, facilitating the customer's experience.
It is Primefy that plays a fundamental role in distributing the corresponding amount to each seller to their individual accounts automatically and efficiently. This means that each establishment will receive their portion of the payment quickly and accurately, making the profit-sharing process simple and effective. This functionality is particularly useful for businesses dealing with multiple sellers or partners who want to ensure fair and swift distribution of earnings.
How to create a payment split?
You have the flexibility to set up a payment splitting system directly through your Primefy control panel, as well as the option to do so through the platform's API.
Dashboard:
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- Creating a payment link: To set up the split for a sale, you need to create a payment link. Check out the step-by-step guide for creating a payment link here.
- Customizing the link: After defining the link's value, products, title, and description, you will arrive at the payment link customization page. To configure the split, simply locate the option below:
- Selecting the split rule: Choose the desired split rule. If you want to create a new split rule, just click "Create new split" and provide the receiving establishment and the percentage or fixed value to be divided, then click "Add new split."
- Link creation: There you go! Now just confirm the creation of the payment link, and it will be created with the configured split.
API:
For a highly customized sales experience perfectly integrated with your systems, Primefy offers API integration as an option. To create a payment split through the API:
- Access the Primefy API documentation for information and a detailed step-by-step guide.
Using payment splitting is a quick and straightforward option for distributing funds among multiple parties efficiently. If you have any questions during the process, our team is available to assist you through our official contact channels.