SlicePay is Payvision's proprietary solution that allows our merchants to split funds among multiple recipients. The solution is platform-independent and can be used via the SlicePay API.
To find out more about this proposition please contact your account manager.
The SlicePay solution consists of two components:
- The Slice module: facilitating the process of splitting funds and transferring funds within the merchant’s account structure.
- The recipient database: Acapture’s solution to store all recipients of the platform, allowing simple onboarding, initial and ongoing semi-automated KYC checks and recipient management.
Each SlicePay merchant follows the account structure below, with dedicated virtual accounts:
Acapture Trusted Bank Account
Platform Bank Account
Recipient Bank Account
SlicePay - Components
SlicePay is only available to Acapture merchants with an active SlicePay profile. If you don’t have an Acapture account yet, please contact our sales department or your account manager directly.
At this point we only accept vetted merchants operating in the EU and processing in defined currencies. Please contact your account manager to see if you qualify for our SlicePay beta program.