Payments features
Split payments for marketplaces
Marketplace split payments for balanced financial flows
Empower your marketplace with an effortless approach to allocating funds. Seamlessly distribute proceeds, commissions, and fees to all your sellers, partners, and providers – both across the UK and globally.
Strengthen your business with automated marketplace split payments
Automated marketplace split payments allow you to segment each incoming transaction and promptly assign the correct portion to multiple recipients. This model suits enterprises hosting an array of vendors, collaborators, or services. Whether your customers are booking holiday rentals, subscribing to streaming channels, hiring professional services, or purchasing curated goods, this automated approach ensures accurate, rapid, and transparent settlements for everyone involved.
By integrating automated splits, your business bypasses time-consuming, manual reconciliation and minimises the risk of miscalculations or oversights. This efficiency can also help reduce administrative costs and tax liabilities. Free from cumbersome financial tasks, you can concentrate on scaling your marketplace and refining the customer experience rather than wrestling with complex payment workflows.
Adopt these automated capabilities to improve operational precision, eliminate errors, and foster resilience throughout your financial structure.
Choose from flexible allocation methods
Whether you manage a diverse merchant network, operate on commission-based models, or handle intricate fee arrangements, you can easily customise the allocation of each payment to ensure fairness and clarity.
Create custom distribution rules
Adjust your payout structure to suit your specific goals – fix set amounts, apply percentages, or craft blended formulas. Decide whether settlements transfer directly from your account or flow seamlessly into your partners’ wallets.
Automate recurring payouts effortlessly
Simplify regular financial engagements like subscriptions or membership renewals by setting up automated payment splits. This ensures consistent, accurate distributions without the need for repeated manual input.
Streamline complex payouts and financial operations
Secure prompt commissions for yourself and expedite funds to your sellers, all while reducing administrative burdens. By automating multi-party transactions and accommodating various currencies, our marketplace split payments platform simplifies even the most multifaceted scenarios. Every stakeholder benefits from a smooth, timely, and dependable experience, reinforcing trust and satisfaction throughout your entire network.
Master Account
Your commission
Seller A
payout
Seller B
payout
Adaptable fee configurations
Our solution readily supports different commission structures and contractual setups, whether individual agreements with each seller or a single overarching contract through your marketplace. Thanks to our robust API, you can manage participants flexibly as your business evolves, maintaining maximum efficiency and compliance at scale.
Synchronised multiparty payouts
Use our APIs to automate complex payouts to multiple parties with minimal effort. Set your own criteria, and our system handles the rest, ensuring prompt and accurate delivery of funds that align perfectly with your business policies.
Virtual IBANs for immediate access
Establish a centralised master account with dedicated virtual IBANs in multiple currencies for each partner. This approach enables instant disbursements, allowing sellers to access their earnings quickly. By streamlining currency management, you open new avenues of global growth and enhance the overall marketplace experience.
Reduce overheads and save time
Eliminate manual payment processes, minimise administrative complexity, and redirect valuable resources towards marketplace development.
Increase checkout success rates
Improve the user experience during payment, lowering the likelihood of cart abandonment and increasing overall sales conversions.
Achieve unparalleled financial adaptability
Shape fee structures and distribution models that adapt to changing market conditions, ensuring resilience and competitiveness.
Safeguard transactions with advanced security
Protect both your marketplace and its participants with strong fraud prevention and robust compliance measures, instilling confidence at every turn.
Enhance workflow efficiency
Streamline operational processes, cut unnecessary costs, and deliver a user-friendly interface that encourages repeat business and loyalty.
Leverage your business accounts effectively
Empower partners to access funds instantly, without extra fees or exchange barriers, ensuring smoother and more profitable financial operations.
Startups
Enjoy transparent pricing and user-friendly integrations designed for emerging marketplaces. No coding expertise needed – employ payment links, invoices, or pre-built plugins for platforms like Shopify or WooCommerce. Clear rates, intuitive dashboards, real-time analytics, and swift onboarding let you hit the ground running.
Companies
Access bespoke payment solutions, tailored pricing, and dedicated support. Integrate through our API to customise advanced functionalities, harness scalable cloud infrastructure, and rely on automated compliance checks. Seamlessly handle fluctuating traffic and evolving requirements, ensuring stable, long-term growth.
Optimising eCommerce marketplaces and multi-sided platforms with split payments
eCommerce marketplaces
When customers shop from multiple vendors in a single order, split payments guarantee that each participant is accurately rewarded, fostering trust and long-term relationships.
Multi-sided platforms
Whether you facilitate transport, home services, accommodation bookings, digital content, or fundraising, split payments ensure all contributors – creators, hosts, or service providers, get paid correctly and on time.
Easier partner onboarding
Integrate new partners into your marketplace swiftly, no matter where they are. Our online processes handle AML, KYC, and registration steps seamlessly, making global expansion easier than ever before. Select the most suitable registration approach for your needs.