post
https://api.instamojo.com/v2/payments//settlements/
This will create a settlement request on Instamojo. You need to use a token that is obtained using the Application Based Authentication. This allows marketplaces to transfer money to merchants on whose behalf they have accepted payments. Money can also be transferred from merchants to marketplace accounts in case of refunds.
Recent Requests
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| Time | Status | User Agent | |
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Notes
- Marketplace can credit to their sub-merchants only upto a total of transaction amount (i.e; the amount paid by the buyer).
- Crediting to sub-merchants work only till the payment gets marked as fulfilled. Once payment is marked as fulfilled, the distribution is deemed final.
- Only sub-merchants that were earlier credited for the given payment can be debited by marketplace.
- Marketplace can debit sub-merchants only in case of refunds and only upto refund amount.
- Instamojo allows a sub-merchant to be debited only if they have sufficient balance with Instamojo.