Pay Processing

17.05.2022

This is called a method of interaction and data exchange between servers. Most major companies develop this interface for internal use or for their clients. Such technology can facilitate communication between two systems. Currently, this approach has managed to outpace almost all others, including designs that were based on SOAP technology capable of providing a message between two systems.

Example of Payment Split with Exact Amount

The store pays a fixed amount of 0.2 BTC to its partner, 0.3 BTC for delivery, sends 1.5 BTC to cold storage, and leaves the rest for business.

{

"callback": {

"url": "http://example.com/callback",

"data": {

"secret": "7j0ap91o99cxj8k9"

}

"destinations": [

{"address": "1apiKcJM95jENZeom2dQo8ShK7dUQkRaS", "amount": 20000000},

{"address": "1apimr7q2cL3xPma8SfiDPyTdWSHXSEyB", "amount": 30000000},

{"address": "1ApiwpetcWnBbkpU7cb7biPfc6Tiucasf8", "amount": 150000000},

{"address": "1Api8ZyHPp4f1QNTsi3AGyXbaTnzzAuDez"}

]

}

The buyer pays for the order of 10 BTC.

Case of a Smaller Payment. If the buyer paid only 1 BTC, then the amount will be split into 0.2, 0.3, and the remaining part 1 - 0.5 = 0.5 will be directed to cold storage. The Business address will receive nothing because the incoming payment is insufficient.

Full Payment Case. The store will receive a payment notification and the amount will be split into the specified Bitcoin wallets: 0.2, 0.3, 1.5, and 8 BTC.

Overpayment Case. The last address in the list, without a specified amount, will receive the entire remainder from the split.

Network fees and service fees will be deducted from the last payout. In this example, they are deducted from the business portion.

Example of Splitting in Percentage Ratio:

Let's imagine you are opening an Exchange. You want to split 20% into a Hot Wallet for fast customer payouts, 30% to send to your account on another exchange for management and arbitrage, and put the remaining 50% in a safe place - the Cold Wallet.

{