Sync
Learn about Notch Pay Sync for managing multiple connected accounts
Notch Pay Sync allows platforms and marketplaces to manage payments for multiple connected accounts. Sync enables you to facilitate payments between customers and sellers, service providers, or partners while maintaining control over the payment experience.
What is Notch Pay Sync?
Sync is Notch Pay’s solution for platforms that need to:
- Process payments on behalf of merchants or service providers
- Split payments between the platform and connected accounts
- Manage payouts to connected accounts
- Provide a unified dashboard for all connected accounts
Use Cases
Notch Pay Sync is ideal for various business models:
Marketplaces
Connect buyers with sellers and facilitate payments between them.
- E-commerce marketplaces
- Service marketplaces
- Rental platforms
- Booking platforms
Platforms
Provide payment infrastructure for businesses operating on your platform.
- SaaS platforms
- E-commerce platforms
- Booking systems
- Invoicing solutions
Crowdfunding
Collect funds from backers and distribute them to project creators.
- Crowdfunding platforms
- Donation platforms
- Fundraising campaigns
On-Demand Services
Connect customers with service providers and handle payments.
- Ride-sharing apps
- Food delivery platforms
- Home services marketplaces
- Freelance platforms
Key Features
Connected Accounts
Create and manage accounts for your merchants, sellers, or service providers. Each connected account can:
- Receive payments through your platform
- Access their own dashboard to view transactions
- Receive payouts to their bank account or mobile money account
- Customize their payment settings
Payment Processing
Process payments on behalf of connected accounts with various options:
- Direct Charges: Charge customers directly and transfer funds to connected accounts
- Destination Charges: Charge customers and split the payment between your platform and connected accounts
- Account Debits: Charge connected accounts for platform fees or services
Fee Management
Easily manage fees and commissions:
- Set platform fees as a percentage or fixed amount
- Configure different fee structures for different account types
- Automatically deduct fees from transactions
- Generate fee reports for accounting purposes
Payouts
Manage payouts to connected accounts:
- Automatic payouts on a schedule (daily, weekly, monthly)
- Manual payouts for specific transactions
- Batch payouts to multiple accounts
- Detailed payout reports
Dashboard and Reporting
Provide comprehensive reporting for both your platform and connected accounts:
- Platform-level overview of all transactions
- Account-specific dashboards for connected accounts
- Detailed transaction and payout reports
- Export data for accounting and reconciliation
Getting Started with Sync
To start using Notch Pay Sync:
- Contact our sales team to enable Sync for your account
- Complete the necessary verification and compliance requirements
- Set up your platform settings and fee structure
- Create connected accounts for your merchants or service providers
- Integrate Sync into your application using our API or SDKs
Integration Options
You can integrate Sync into your platform in several ways: