You can add a sub-account in the Split Settlements Dashboard. This part of the documentation includes the following sections to add sub-accounts:
Adding a sub-account involves the following major steps:
The following describes the procedure to add a sub-account:
Select Split & Supplier Payments on the menu.
The Manage Sub-accounts page is displayed.
Click Add Sub-Accounts at the top-right corner.
The Add a Sub-Account page is displayed.
- Enter the details as specified in the following table:
|Account Name||Enter the business account name in this field. The name entered in the field will be printed in the various reports generated from PayU Dashboard.|
|Mobile No||Enter your 10-digit mobile number in this field.|
|Account Email ID||Enter your business email ID linked to this Dashboard in this field.|
The page is refreshed to display the other panes to complete the sub-account details.
Enter your business PAN card number in the Business PAN Card Number field. If your business is a sole proprietorship, enter your personal PAN card number.
Enter your date of birth or company’s date of incorporation in the Date of Birth/Date of Incorporation field.
Click Proceed to Verify.
A pop-up page is displayed to choose the business entity.
Select your business entity type from the drop-down and click the Confirm I am <your business name> button. Where <your business name> is substituted with the name you entered in the Business PAN Card Number field at Step 2.
The Tell us a little bit about your business pane is displayed.
- Enter the details on the Tell us a little bit about your business pane as specified in the following table:
|Business Category||Select your business category from this drop-down list.|
|Business Sub Category||Select your business subcategory from the drop-down list.|
|GSTIN||Enter your GSTIN if your business has GSTIN.|
|Monthly expected Sales (in Rupees)||Enter the expected sales from your business per month (in rupees) in this field.|
|Shop code||Enter your shop code.|
|State||Select the state where your business is located.|
|Trade Name||Select the trade name from the drop-down list. This is based on the PAN Card details you had provided in Step 2: PAN Verification.|
The Step 4: Enter Bank Details <your name> pane is displayed.
- Enter the sub-account bank details as described in the following table:
Note: In case you do not have sub-account or child merchant bank details or if you skip the step, you can share the following link to your child merchant so that they can submit their bank details:
|Bank Holder Name||Select the name of the beneficiary from the drop-down list.|
|Bank Account Number||Enter the account number of the beneficiary.|
|IFSC Code||Enter the bank branch IFSC code or click the Search IFSC option to search and select the IFSC code.|
Click Connect Bank Account.
The Step 5: Additional documents required pane is displayed.
Select any of the following options from the Bank Account Proof of drop-down list and upload the proof document using the Upload Document Select a scanned copy or photo of your PAN card:
- Bank Passbook
- Canceled Cheque
- Bank Verification Letter
Upload the Schedule C document using the Upload Schedule C field.
Click Submit Documents.
After the sub-account bank details are submitted, the following confirmation message is displayed.
If the sub-account bank details are not entered, the following page is displayed so that you can share it with your merchant.
When you are adding sub-account details, you can save them as draft and later complete the details.
To complete sub-account details in the draft:
Navigate to the Manage Sub-accounts page.
The Manage Sub-accounts page is displayed. If any sub-account details are saved in the draft, the View Draft button is displayed in the top-right corner.
Click View Draft at the top-right corner.
The Drafts page is displayed.
Updated 7 days ago