Split Remittance
  • 26 Jan 2024
  • 1 Minute to read
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Split Remittance

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Article summary

Split Remittance

If you have a need to take a share of the payment, for example to charge a fee for platform services. This is possible on Evolve using the Split Remittance (Payouts/Settlement) feature. Split Remittance allows the integrator to specify how the transaction amount is to be split across multiple parties.

First step is Setting up Split Remittance

Then decide the model to be used based on the 3 supported models for split remittance, which allow control on who pays the transaction fees.

  • Split remittances  and shared transaction fees

  • Split remittances  and merchant pays all transaction fees

  • Split remittance and ISV pays all transaction fees

See more details on the above models here.


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