Delay Settlements

Merchants can now delay settlements to their vendors by adding delays at different levels. To delay settlements to vendors, merchants should enable deferred settlements in their account. The Split API has to be called within the settlement cycle interval, else the entire transaction amount will be credited to the merchant.

Merchants can add delay at two levels:

Use Cases

Case 1: E-commerce - Multiple Sellers in a Single Order Payment

1200

Case 1: E-commerce - Multiple Sellers in a Single Order Payment

Case 2: Online Appointment Booking (Doctor/Consultant)

1200

Case 2: Online Appointment Booking

Watch this video to learn how to delay settlements to your vendors using our API