Split payment

For example: split payment of a $100 to a retail shop can be done when the customer pays $50 in cash and $50 by credit card.

With the era of global trade, the financial possibilities grew and with them the challenges of collecting payments.

For merchants this creates a challenge of adapting their systems to accept a wide range of payment methods in order to enter a market with their offerings.

The business challenges shy both small and large merchants from offering split payment.

Combining the two transactions has impacts on costs, anti-fraud, reporting obligations (law & regulations) and might end up with only partial information stored in the merchant system.