The split payments feature enables you split transaction fees across two(2) accounts. An ideal scenario will be a market place platform that sells goods on behalf of its vendors. Paystack can automatically split the payouts such that the vendor's bank account is credited with his share and the platform owner gets credited with his own fees too. The good news is that we have built this in such a way that it can work across multiple use cases.
Split payments can be implemented in 2 easy steps.
Step 1. Create sub accounts (and specify percentage to be deducted if necessary)
Step 2. Specify the subaccount to be credited when creating a transaction. If you do not specify a subaccount, we will not split the transaction.
Create subaccounts so that you can split transactions with the main account. At the moment, transactions can only be split between the main account and a subaccount, if you will like to split a transaction between multiple subaccounts, you will need our Funds Transfers API .
Subaccounts can either be created on the dashboard Settings >> Split Payments or via the API Create Subaccount . When a subaccount is created, the
subaccount_code and the
account_name is returned. Please endeavor to verify that the account name matches what you intended. Paystack will not be liable for payouts to the wrong bank account.
(string) The code for the subaccount that owns the payment. e.g.
(integer, optional) A flat fee to charge the subaccount for this transaction, in kobo. This overrides the split percentage set when the subaccount was created. Ideally, you will need to use this if you are splitting in flat rates (since subaccount creation only allows for percentage split). e.g.
7000 for a 70 naira flat fee.
(string, optional) Who bears Paystack charges?
subaccount . Defaults to