Split Payment is a proprietary technology from Mojo Pay that allows marketplaces and ISV’s to receive payments from their merchants’ daily deposits. This works in a fixed amount or split percentage methodology. This function does require approval from Mojo Pay and is not automatically included with a merchant account.
Split Payments can remove A/R time delays and guarantee funds based on a prearranged contract between the marketplace and its sellers. This technology is specifically designed for easy set up and integration. Please see our PIP and Goldilocks section for more details on how to integrate.
For more information on Split Payment, please inquire with us and a Relationship Manager will be in touch shortly.
ISVs: Our ideal partners are organizations like yours that provide innovative software solutions and want to integrate the most advanced payment capabilities.