- 26 Jan 2024
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Split Remittance
- Updated on 26 Jan 2024
- 1 Minute to read
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- DarkLight
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.