Split-Payment System

What is Cuborio's split payment?

Split payment is the world's first real-time open banking payment platform that allows you to experience effortless payment collection, disbursement and management, eliminating fees, increasing security and improving settlement times.

Split payment has redesigned direct-entry banking for businesses to provide Real-Time Direct Debit, Intelligent Clearance and Consent Management solutions and offers the fastest, most convenient and reliable global bank transfer capability.

How Cuborio® split payment works

Cuborio® split payment is powered by a sophisticated yet simple use of APIs that connect a business to its customers' bank accounts, enabling almost instantaneous and super-secure direct bank transfers.

You and your customers or suppliers simply agree on the amount and number of transactions to be made, and split payment does the work of collecting, disbursing and managing payments.

Cuborio®'s split payment API is easy to use and flexible for both developers and non-developers.

To work with this payment method, you can start with a very simple split, creating an account and securely accessing the accounting and banking platform. It takes less than a minute to register your account with Cuborio® and our support team is here to help you.

How do I know my money is safe?

Split payment works via direct bank transfer. There are no deposit accounts, so funds are always and only in your or your customers' bank accounts.

It's that simple and secure.

What's more, our real-time updates let you know exactly where your money has been and where it is going. For added security, all sensitive information is encrypted and communicated only over secure channels. Your money and your data couldn't be in safer hands.

How long does it take to receive payment?

Cuborio Payments' split payment settles between 16-36 hours, depending on which bank we are sending the money to. If you are debiting a customer directly, we will settle the funds between 36-72 hours after initiating the transaction.

No waiting time for weekly, fortnightly or monthly payments.

Are there any limits on the amounts I can pay or collect?

Unlimited payments. With Cuborio Payments split payment, there are no limits on the number of transactions you can make, the amounts you can collect, or the variations in payments you can make or collect.

What's more, with our agreements feature, you can set up a range of payments that you and your customers are happy to make and accept.

Split payment makes it even easier to create flexible paymentworkflows.

How does Cuborio® split payment technical support work?

With in-app and in-document messaging, you can get answers to all your most pressing questions almost instantly.

Do you have questions about technical integration or how to create the best payment flows for your business?

Alternatively, send us an email and we will respond within 24 hours.