Automatic payment splitting from Tranzzo
What are split payments and how does payment splitting work?
Split payments are a flexible payment feature that allows you to automatically distribute funds among several recipients, such as sellers on a marketplace or partners.
The buyer adds goods from different sellers to the cart, pays with a single payment, and Tranzzo instantly distributes the funds among all parties via the API for splitting payments. This reduces manual work, minimizes errors, and speeds up money transfers.
Combine payment splitting for businesses with other solutions, such as Tranzzo's intelligent payment routing, to effectively optimize financial flows.
This gives you a comprehensive tool that not only automates the distribution of funds, but also ensures transparency and convenience in working with money.
Advantages of split payments
Best customer service
Split payment integration allows customers to split their purchases into parts. This flexibility increases customer satisfaction and reduces the number of abandoned carts. And when combined with other solutions, such as one-click payment, it significantly increases your business's conversion rate.
Higher average order value
Transaction distribution encourages customers to choose higher-priced items more often. This increases the average order value and leads to higher profits. Add the option of deferred debit to the card and give customers even more motivation to choose your service.
Attracting new customers
A payment system with funds distribution attracts buyers who are looking for flexible solutions. This gives your business an advantage over your competitors. Integrate even more payment options: Google Pay, Apple Pay, or QR code payments to satisfy customer requests to the maximum.
Improved financial reporting
Thanks to detailed analytics and automatic report generation, you gain complete control over your financial flows. Track all transactions on a single portal, analyze and manage payments quickly, securely, and efficiently to plan your budget and make informed management decisions.
Flexibility of settings
Tranzzo offers a wide range of settings for splitting payments, allowing you to adapt the system to any business model.
We have developed comprehensive solutions for various industries so that you can customize payments according to your own parameters and make the service as convenient and efficient as possible for both yourself and your customers.
Integration with other services
Tranzzo allows you to combine split payments with other payment instruments, such as one-click payments and payment links. This creates a unified ecosystem for financial management.
Transparency
Each transaction is automatically recorded, ensuring clear financial tracking through Tranzzo analytics. This simplifies auditing and reporting and allows businesses to have complete control over cash flows.
Increased security
Tranzzo's solution includes built-in fraud protection and automated security processes. This minimizes the risks associated with lending or deferred payments.
Split payment integration:
how the service works for sellers and buyers
Клієнт додає товари від різних продавців у кошик.
Pay in one payment using any convenient method.
The ability to split payments into installments increases the affordability of purchases.
The process is quick, safe, and requires no additional action.
After receiving funds from the customer, Tranzzo distributes the payment amount according to the specified parameters or according to the data received via API, which is necessary for splitting the payment.
Each recipient can view payment details on their personal portal.
Automatic transaction reports are sent to your email.
Setup takes one day, with 24/7 support.
Split payments for everyone by Tranzzo
Tranzzo пропонує універсальне рішення, яке підходить для будь-якого бізнесу – від невеликих інтернет-магазинів до маркетплейсів та фінансових організацій. Розщеплення платежів допомагає спростити розрахунки між кількома особами, зменшити адміністративне навантаження і підвищити прозорість та ефективність касового обліку.
Завдяки гнучкості API Tranzzo, ви можете налаштувати розподіл коштів відповідно до специфіки вашого бізнесу, автоматизувати комісії, бонуси, партнерські виплати та інші фінансові потоки.
Tranzzo offers a universal solution suitable for any business - from small online stores to marketplaces and financial organizations. Payment splitting helps to simplify payments between several persons, reduce administrative burden, and increase transparency and efficiency of cash accounting.
Thanks to the flexibility of the Tranzzo API, you can customize the distribution of funds according to the specifics of your business, automate commissions, bonuses, affiliate payments, and other financial flows.
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FAQ
Expand your capabilities with Tranzzo payment solutions
Create an account to start integration, or contact our manager and clarify the details.