Can I delay my settlements to vendors?

Answer 1

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

You can add delay at two levels:

• Order Level Delay
• Vendor Level Delay

 

Use Cases

 

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

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

 

Case 2: Online Appointment Booking (Doctor/Consultant)

Case 2: Online Appointment Booking