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General information

For merchants working with the solution for Trading platforms, Tranzzo provides the ability to use the split payment service.

Split payment means a payment, the amount of which is distributed among the final recipients (submerchants) based on the information received in the request (submerchant identifiers and amounts).

An example of using split payment:

The customer has created a cart on the trading platform, which includes goods of three different merchants in the amount of 1000, 1500 and 2000 US dollars. Thus, the split payment amount is $4,500, which includes three subpayments of $1,000, $1,500, and $2,000 to three different submerchants. As a result, the customer will be charged a total of $4,500, and each of the submerchants will receive their share of this payment, taking into account the commission settings.

Tranzzo allows its merchants to accept split payments in one-step and two-step ways.

Split payments are displayed in the merchant portal with information on both the entire payment and the subpayments included in it.

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Note: primary payments (purchase, auth, credit, lookup, P2P) must have a unique order ID. In case the selected order ID is already set for another transaction, an error will be received when creating the order.

To use the split payment functionality, Tranzzo offers one way of integration