Add Single Vendor
Learn how to add a vendor from the merchant dashboard.
Before you begin to add a vendor, you must know the required documents that are applicable to different vendor types and business cateogory. They are mentioned in the tables below.
To add a new vendor,
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Go to Payment Gateway Dashboard > Easy Split - Vendor > Add New Vendor.
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Enter the Vendor ID, Phone Number, Email ID. Vendor ID is required to identify and process payments to the respective vendor. Select the schedule option through which you want to settle your vendors.
Available Schedule Options
Vendor Instant Settlements
Use schedule option 8, 9, 14 or 17 to schedule instant settlements to your vendor account.
Schedule Options
| ID | Description |
|---|---|
| 1 | T+1 settlement at 11:00 AM. |
| 2 | T+2 settlement at 11:00 AM. |
| 3 | All transactions from 4:45 PM T-1 to 10:45 AM T+0 settled at 11:15AM T+0, and, 10:45 AM T+0 to 4:45PM T+0 at 5:15PM T+0. |
| 4 | All transactions from 2:00 PM T-1 to 2:00 PM T+0 settled at 3:00 PM T+0. |
| 5 | All transactions till 5.30 PM at 6:00 PM. |
| 6 | Instant settlement every hour between 7:00 AM and 5:00 PM on working days. |
| 7 | Instant settlement every 3 hours between 8:00 AM and 5:00 PM on working days. |
| 8 | Instant settlement every hour 24*7. |
| 9 | Instant settlement every 3 hours 24*7. |
| 11 | Weekly every 1st working day. |
| 12 | Monthly every 1st working day. |
| 13 | T+1 settlement at 09:00 AM. |
| 14 | Instant settlement every 15 minutes 24*7. |
| 15 | T+3 settlement at 11:00 AM. |
| 16 | T+7 settlement at 11:00 AM. |
| 17 | Instant Settlement Every minute 24*7. |
- Select the Enable Dashboard Access option to allow your vendors to access the Vendor Dashboard. Click here to read more on Vendor Dashboard.
Add Vendor - Step 1
- Enter the vendor's bank details like Account Holder Name, Account Number, IFSC Code or UPI VPA to process payments to the vendor account.
You can provide either the vendor bank or UPI details, both cannot be passed.
- Select the option Verify Account Details to verify the beneficiary bank account details or the UPI VPA. This ensures that the correct details are available and will help make successful settlements for the vendor.
You will be charged to verify bank accounts and to verify UPI VPA details. Make sure you have sufficient balance, or proceed without account verification.
Add Vendor - Step 2
- Provide the vendor KYC details. Select the vendor type - Business or Individual. Select Individual type if your vendor's annual turnover is 20 lakhs or lesser. Select Business Entity if your vendor's annual turnover is more than 20 lakhs.
- Select the Business Type from the drop-down list. Provide your vendor's Business PAN and upload the same. You will be required to provide other details of your vendors based on the vendor type.
Possible documents to upload if vendor type is Individual
- PAN
- Address Proof (Aadhaar, Driving License, Voter ID, Passport)
- Aadhaar Number
- NBFC Certificate
Possible documents to upload if vendor type is Business Entity
- Business PAN
- GST Number
- GST Certificate
- CIN Number
- CIN Certificate
- NBFC Certificate
Click here to know the documents required for onboarding your vendor.
Add Vendor - Step 3
- Once done, click on Add Vendor Details. The vendor is added successfully. Vendor details are saved and can be used to process payments. The vendor details will be shown in the Easy Split - Vendor screen.
Vendor added successfully
Vendor Status
Once you have added a vendor, it will go through various stages. They are mentioned in the table below.
| Vendor Status | Description |
|---|---|
| IN_BENE_CREATION | This state indicates that you have initiated the vendor creation process. |
| BENE_CREATION_FAILED | This state indicates that the beneficiary creation at the partner bank has failed. Update bank account details to retry new beneficiary creation. |
| IN_KYC_REVIEW | This state indicates that the vendor is created and not all the mandatory KYC documents are successfully verified. Ensure all mandatory documents are submitted. |
| ACTION_REQUIRED | This state indicates that either one or multiple KYC documents has failed verification. Merchant should provide - correct/updated/relevant KYC documents to progress further with vendor onboarding. |
| ACTIVE | This state indicates that the vendor KYC documents are verified successfully and your vendor is Active. |
| BLOCKED | This state indicates that the vendor is blocked. |
| DELETED | This state indicates that the vendor is deleted. |
Watch this video to learn how to add vendors via the merchant dashboard.
Updated 10 months ago