Split settlement

Split settlement is one of the settlement methods provided by BIAPAY to make payments to multiple dispatched as prescribed listed under the merchant. The payments are divided according to the prescribed fractions and agreed upon by merchants and sub-merchants.»

  • 1. A transaction amount is divided into several payments for the respective sub-merchant.
  • 2. The amount received by the sub merchant is based on the percentage agreed upon registration under the merchant.
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