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Payment creation: The customer makes a single payment.
Distribution of funds: The amount is automatically distributed collected according to defined rules (percentage, fixed amount, etc.).
Payment to beneficiaries: According to the established conditions, each party receives its share of the payment in its Paysafe account.
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When split payment is activated, the Paysafe name of the organization will be displayed for the corresponding affiliate fees or transactions. As a result of this payment split, several transactions will appear on the credit card statement, each associated with the affiliate fees of different organizations. Each transaction will be denominated under the Paysafe name and itemized on your invoice.
This breakdown does not affect influence the calculation of service chargesfees or platform fees. If installments are used, the affiliation fee for In the case of installments, service, platform, and affiliate fees associated with the split payment will be deducted from the initial payment.
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For organizations:
Each organization will have access to its associated transactions, which will have a distinctive number and be easy to find in reports or via the Netbanx portal. It's important to note that you can only refund the amount transferred to you, not the entire transaction. For example, an organization will not be able to refund membership fees that do not belong to it.
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Each organization will be able to consult the following reports to track payments made to their Paysafe account:
Paysafe reconciliation report
Transaction report
Organizations will also be able to view , the amount collected from each member in the Memberships Fees tab of each member's profile, the amount that has been transferred to themtheir profile, as well as the payment status (received or pending). A new report will identify members whose affiliation fee payment has not yet been received.
This breakdown does not influence the calculation of service fees or platform fees. In the case of installments, service, platform, and affiliate fees associated with the split payment will be deducted from the initial payment.
