Bridge Buzz
A perfect platform to automatically split and settle funds to your vendors on every sale.
No need to have a nodal account
A marketplace which has multiple vendors need to settle funds and at the same time collect commission on every sale.
BridgeBuzz allows you to settle funds while handling multiple vendors at a single place.
How does BridgeBuzz work?
Vendor sign-up is done on Easebuzz with necessary KYC details
Customer makes a payment corresponding to a transaction
Easebuzz pays the vendor and calculates the commission on each transaction to be paid and then settles to the merchant.
Your dashboard reflects the reconciliation report with respect to the payouts done each to vendor and merchant.
Segments where we are focused
- Appropriate for you when you have multiple vendors and you do not have a Nodal account.
- Manage your vendors payments from one single place.
- Ensure all KYC compliances and GST procedures
- Save time by settling funds to your vendors or partner directly in their bank account.
- Easebuzz gives a solution by which payments are directly settled with necessary compliances and compiled MIS reports
- Subscription based businesses want to settle funds to their vendors and charge a commission on each transaction.
- Our split payment methodology seamlessly works on “vendor payments” where each transaction can be charged with a commission.
- Manage your finances seamlessly in real time, with us.
Payment Solution Provider
- Conducts KYC verification of your vendor(s)
- Set the amount of the transaction to split
- Amount paid to every vendor and reconciliation
- Reports and GST compliant invoices
Sub-Aggregator/Marketplace
- Manage/Control vendors directly
- View & control vendor transactions
- Collect vendor KYC & account details and call API
- Issue notification invoices to their vendors
Sub merchants
- Vendors/Sub merchants only deal with sub-aggregator
- Get notified for any required action
- Get invoices and reports
- Get multiple payment options for their customer
Customer Base
- Customer can choose & pay via multiple payment options
- Customer gets the payment confirmation real time
- Customer gets support for any dispute
Benefits
- Seamless vendor on boarding
- Board new vendors quickly with Easebuzz to begin processing transactions immediately.
- Comprehensive reporting
- Keep track of vendor activity through our reports, which are available through both the Reporting API and Merchant Console.
- Simple payout
- Leave the headaches of payout to us. We pay you and your vendors according to the commission split that you define.
Features
- Easy on boarding of vendors with compliances and KYC
- Fastest settlement in your bank account. “T”+1 for cards and all UPI, “T”+2 for net banking transactions
- Integrate with our simple API’s and start transacting in less than 10 mins.
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