Foloosi’s partner-payout helps businesses make multiple settlements to multiple recipients for a smooth and accommodative business transaction lifecycle.
Foloosi’s partner-payout has the capability to make pre-structured payments to merchant and their partners automatically in a single transaction.
This feature is often used by companies that need to distribute funds to a large number of affiliates or sub-affiliates, such as online marketplaces or affiliate networks. By using our partner-payout feature these companies can streamline their payment process and reduce the administrative burden of making multiple payments individually.
Log in to foloosi panel,
1) Open Partner management and Click Add button which is available in top right corner of the screen.
2) Then enter the partner details and partner bank details with bank proof.
To create a partner transaction using any type of integration, Just add the additional parameter in initialize api.
"partner_unique_reference":"Partner Unique Id"
After the successful api transaction with partner unique reference, it is listed in partner transaction under merchant transaction in foloosi panel
The partner settlements are not maintained along with normal settlement, It is categorized with name of partner settlement under merchant settlement in foloosi panel.