TRUSTED BY
What is
Split Settlement?
Split Settlement is a payment gateway feature that divides a single incoming customer payment into multiple simultaneous outgoing settlements automatically routing defined amounts or percentages to different bank accounts at the time of transaction. It enables marketplace operators, platform businesses, and aggregators to collect customer payments and remit vendor shares without any manual transfer or post-transaction payout workflow.
Why Split Settlements
by PhonePe PG?
Unlock a suite of powerful financial tools designed to optimize your cash flow. Benefit from transparent pricing, deep-dive analytics, and a support system that ensures your marketplace operations remain compliant and friction-free.
Hands-Free Revenue
Set your commission once as a fixed fee or percentage and let PhonePe PG handle the rest. We automatically deduct your share from every transaction before settling vendors.
Instant Trust, Zero Lag
Eliminate holding periods and batch processing. Funds are split and moved to vendor accounts the moment a payment is confirmed.
Payouts Your Way
Configure splits by percentage or fixed amounts across multiple vendors per transaction. Tailor rates by product category or individual seller profiles with ease.
Self-Healing Refunds
When a refund is initiated, PhonePe PG automatically recoups the proportional share from each vendor. The customer gets their money back instantly, and your books stay balanced.
Settlements Built for
Every Industry
Stop managing spreadsheets and start scaling. From custom commissions to instant vendor settlements, PhonePe PG handles the complexity so you can focus on the growth.
Marketplace and Aggregator Platforms
Collect from buyers. Split the payment to sellers, drivers, or service providers.
EdTech and Online Education
Collect course fees from students. Split between the instructor, the institution, and your platform.
BFSI and Financial Aggregators
Collect premiums or investment amounts and split them into multiple NBFCs in a single transaction.
Franchise and Multi-Branch Businesses
Distribute revenue shares to franchise outlets, area managers, and corporate accounts simultaneously.
SaaS and White-Label Platforms
Split between the white-label platform operator, the SaaS infrastructure provider, and any third-party content or data partners.
Trusted by
India's Largest Online Brands
Trusted by India's
Largest Online Brands
"In E-commerce, the right Payment Gateway partnership is crucial. PhonePe PG streamlined our Payments, & reduced cart abandonment. PhonePe PG exceeded our expectations with a top-notch product & impeccable support.”
Suman Patra
Co-founder
"redBus is committed to redefining travel through technology. Collaborating with PhonePe PG allows us to leverage their robust Payment infrastructure, ensuring reliability and innovation for millions of our customers.”
Rithish Saralaya
SVP Engineering
"Our partnership with PhonePe Payment Gateway has been seamless and highly efficient. Their robust tech, smooth integration, & reliable support played a key role in enhancing our customer experience. We truly value this collaboration.”
Vikash Goyal
CSO
"As GIVA expands, a trusted Payment partner at every touchpoint is vital. PhonePe PG offers us reliability across our national stores and on our app. Their support scales with our growth, and that consistency makes all the difference for us.”
Ishendra Agarwal
Founder
"Our partnership with PhonePe PG has been a pivotal factor in our success story. With PhonePe PG's user-friendly interface and seamless Payment processing, we can continue delivering exceptional service to our valued customers.”
Ritu Shah & Minita Parekh
Co-founders
"Partnering with PhonePe Payment Gateway enabled us to expand our D2C business and transform period care across India. Its seamless integration and dependable partner support means our online customers' experience lives up to our brand's Zero Irritation promise.”
Ravi Ramachandran
Co-Founder & CEO
Comprehensive Solutions
Comprehensive
Solutions
To keep your Business Ahead of the Rest
Automate flexible subscriptions for steady cash flow.
Faster, error-free checkouts using tokenized cards boost revenue.
Accept International Payments, simplify growth.
Send Payment links (WhatsApp/SMS/Email), get paid instantly
Dynamic QR codes enable UPI, reducing errors and boosting success.
Digital doorstep Payments replace COD, cutting cash handling costs.
Split Settlements FAQs
What is the difference between split settlement and payouts?
Split Settlement is an automated feature that divides a single customer payment into multiple shares (e.g., vendor share and platform commission) at the point of sale. Payouts, conversely, is a bulk-transfer tool used to send funds from your business account to any bank account or UPI ID independently of a specific transaction.
Is PhonePe PG Split Settlements compliant with RBI's Payment Aggregator framework for marketplace businesses?
Yes. PhonePe PG operates as an authorized Payment Aggregator. Our split settlement solution uses a strictly compliant nodal account architecture that ensures marketplace funds are held and disbursed in total alignment with RBI’s regulatory guidelines.
How many vendors or sub-merchants can I configure in a single split settlement?
PhonePe PG supports complex marketplace needs by allowing a single customer transaction to be split among multiple vendors simultaneously. This ensures that multi-cart checkouts (where a customer buys from different sellers) are processed seamlessly in one go.
Can I configure different commission rates for different product categories or transaction types?
Yes. The system is highly granular. You can define different commission percentages or fixed fees based on product category, SKU, or specific vendor profiles.
What is the difference between split settlement and payouts?
Split Settlement is an automated feature that divides a single customer payment into multiple shares (e.g., vendor share and platform commission) at the point of sale. Payouts, conversely, is a bulk-transfer tool used to send funds from your business account to any bank account or UPI ID independently of a specific transaction.
