Post Set Payout

Determine your settlement cycle by setting a value for merchant disbursement amount, want real-time settlement set the lowest possible value for merchant disbursement amount. Value can be adjusted according to your business requirement for settlement and also parties funds will be shared with tagged splits can be modified as well.

Value for Merchant disbursement amount instructs the service that redeemed reservations will be queued for payout until cumulative total is equal to or exceeds this value. Default configuration for onboarded couriers is 50000.

Increasing splits above 2 applicable disbursement amount has to match the following criteria below to be accepted by the service

Disbursement Amount: Number of splits * 35,000

 

Definition

https://api.cashvaultng.com/stagmerce/SetMerchantMinimumDisbursementAmount

Parameters

Body Params
MerchantDisbursementAmount:
required
 integer

Minimum Payout value
MerchantId:
required
 string

Biller code for courier
MerchantSplits: integer

Number of parties funds should be shared across
SecureCode:
required
 string

Authorization Code
Headers
ClientID:
required
 string

Authentication Parameter
ClientSecretKey:
required
 string

Authentication Parameter

Examples

Set with Splits Set without Splits 
                                    
                                        {
                                            "MerchantDisbursementAmount":500000,
                                            "MerchantId":"A89001",
                                            "MerchantSplits":3,
                                            "SecureCode":"8785122019"
                                        }
                                    
                                
                                    
                                        {
                                            "MerchantDisbursementAmount":500000,
                                            "MerchantId":"A89001",
                                            "SecureCode":"8785122019"
                                        }

Result Format

200 Success 400 Invalid Code 406 Invalid Input 
                                    
                                        {
                                            "ResponseCode": "00",
                                            "ResponseDescription": "OK"
                                        }
                                    
                                
                                    
                                        {
                                            "ResponseCode": "09",
                                            "ResponseDescription": "Invalid Merchant Id or Secure Code"
                                        }
                                    
                                
                                    
                                        {
                                            "ResponseCode": "09",
                                            "ResponseDescription": "Unable to process request please contact support@cashvaultng.com"
                                        }