You are losing money by not using recurring payment

The only solution to solve this problem is to You are losing money make the process completely automate, without the need for human intervention. And this became possible and cheap with the emergence of several fintechs in Brazil and in the world. The model is so successful. That the vast majority of payment gateways already have this feature and work in a very similar way. Understand the roles of each in this process. Marketplace : company responsible for the website or application through which the user will buy. It is who offers the service of various third parties and who holds the main receipt account at the payment gateway Seller.

Recurring payment increases revenue

who, in fact, has the product or will provide the service, has a sub-account link to the main account in the payment gateway Payment gateway : company responsible for processing payments with credit card operators, bank slips, etc. and manage the payment split Customer : who is buying But, in practice, how Ecuador WhatsApp Number List does split payments work? When the customer makes a purchase on a marketplace, the purchase amount is credit to the payment gateway company’s checking account Automatically deducts fees for the transaction and the balance is credit to Marketplace and Seller accounts.

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It is possible to transfer the amount to the current account of the company’s preferre bank daily or not, depending. On the way agree with the payment gateway Once the payment split is complete, the payment gateway must notify the Central Bank of the total transacte and how much was transfer to each company As the payment was receive directly, each of the companies involve is responsible for issuing an invoice and collecting taxes only on their USA Person part, also avoiding unnecessary double taxation Sound complex? But, the good thing is that the whole process is done by companies that are specialists and follow strict rules.

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