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,

  1. Go to Payment Gateway Dashboard > Easy Split - Vendor > Add New Vendor.

  2. 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

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Vendor Instant Settlements

Use schedule option 8, 9, 14 or 17 to schedule instant settlements to your vendor account.

Schedule Options

IDDescription
1T+1 settlement at 11:00 AM.
2T+2 settlement at 11:00 AM.
3All 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.
4All transactions from 2:00 PM T-1 to 2:00 PM T+0 settled at 3:00 PM T+0.
5All transactions till 5.30 PM at 6:00 PM.
6Instant settlement every hour between 7:00 AM and 5:00 PM on working days.
7Instant settlement every 3 hours between 8:00 AM and 5:00 PM on working days.
8Instant settlement every hour 24*7.
9Instant settlement every 3 hours 24*7.
11Weekly every 1st working day.
12Monthly every 1st working day.
13T+1 settlement at 09:00 AM.
14Instant settlement every 15 minutes 24*7.
15T+3 settlement at 11:00 AM.
16T+7 settlement at 11:00 AM.
17Instant Settlement Every minute 24*7.
  1. 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

Add Vendor - Step 1

  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.

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You can provide either the vendor bank or UPI details, both cannot be passed.

  1. 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.

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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

Add Vendor - Step 2

  1. 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.
  2. 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

Add Vendor - Step 3

  1. 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 added successfully

Vendor Status

Once you have added a vendor, it will go through various stages. They are mentioned in the table below.

Vendor StatusDescription
IN_BENE_CREATIONThis state indicates that you have initiated the vendor creation process.
BENE_CREATION_FAILEDThis state indicates that the beneficiary creation at the partner bank has failed. Update bank account details to retry new beneficiary creation.
IN_KYC_REVIEWThis state indicates that the vendor is created and not all the mandatory KYC documents are successfully verified. Ensure all mandatory documents are submitted.
ACTION_REQUIREDThis 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.
ACTIVEThis state indicates that the vendor KYC documents are verified successfully and your vendor is Active.
BLOCKEDThis state indicates that the vendor is blocked.
DELETEDThis state indicates that the vendor is deleted.

Watch this video to learn how to add vendors via the merchant dashboard.