Streamline your payout process using split payments

Increase the payment cycle frequency to merchants and suppliers worldwide by automatically splitting the funds they receive on their ecommerce platform across multiple accounts, with our unique split payments functionality.

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Simplify payouts to vendors and suppliers

You can split payouts among your partners and suppliers. Once payments are settled, the balance of payment will be available for payout through the same payments methods.

Sub-accounts are separated from your merchant bank account so when a payment is split, it is deposited into a sub-account. Payments collected through your payment page are automatically split into the relevant payouts and transferred into existing sub-accounts

The split payouts capability also enables:

Platforms to receive service fees directly from merchant accounts as a part of each transaction.
Merchants to share and distribute payments among multiple accounts.
Merchants to issue refunds or credits and retrieve funds from multiple accounts from which they share payments.

Benefits for B2B merchants

You can manage the flow of payouts to suppliers, marketplaces and multi-merchant platforms:

Collect payments in multiple currencies

Automate payouts in local currency

Eliminate manual processes linked with payouts

Reduce settlement complexity

Simplify payment reconciliation

Batch earnings into payaways

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Split payments are easier than ever. Fondy’s reporting tools and payment reconciliation for all parties

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