The Split Settlements API enables businesses to automatically divide incoming payments among multiple parties based on predefined rules. It is designed for platforms, marketplaces, aggregators, and service providers that handle transactions on behalf of various vendors, partners, or beneficiaries.
With this API, you can define settlement instructions at the time of payment—such as splitting funds by percentage, fixed amount, —and ensure that each party receives their allocated share seamlessly. The API handles all aspects of fund distribution, including validation, calculation, fee deductions, and payout scheduling.
By integrating the Split Settlements API, platforms can streamline financial operations, reduce manual reconciliation, and maintain transparent, auditable transaction flows. It provides a secure, scalable, and compliant method for managing multi-party settlements while allowing businesses to configure complex revenue-sharing models with ease.