Partner Settlement balance

POST https://api.altermal.com/api:phZLPvsb/Advances/Partner

Partner Settlement balance



Authentication: required

Get an overview of all the outstanding settlement for Alter-Mal NO INPUT AUTHENTICATION ONLY

Authentication: required

This end point allows you to capture the settlement due amount (based on revenue transaction posted) to Alter-Mal as part of the collection of the revenues from the Beneficiary.

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Work in Progress

A split mechanism is a work in progress that allows you to seamlessly reconcile and make payments to Alter-Mal based on the beneficiary revenues transactions posted on your ecosystem

Example of an output of this endpoint:

JSON

[
    {
        "AdvanceID": "90a37f2d20724722b6d0131aab8da81c",
        "Factor": 1.3,
        "Rev_Share": 0.05,
        "Loan": 25000,
        "Sum_transactions": 388000,
        "TotalDueAmount": 32500,
        "Settled": 16000,
        "AmountLeft": 16500,
        "repaymentprogress": 0.5077,
        "UnsettledBalance": 16500
    },
    {
        "AdvanceID": "b262a99508cd4d08b23c27ac6c478298",
        "Factor": 1.2,
        "Rev_Share": 0.09,
        "Loan": 35000,
        "Sum_transactions": 978500,
        "TotalDueAmount": 42000,
        "Settled": 0,
        "AmountLeft": 42000,
        "repaymentprogress": 1,
        "UnsettledBalance": 42000
    }
]

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Contact us

This endpoint allows you to reconcile the split payment based on the data provide here

We will help with additional data from our backend to support in the early phase with the reconciliation, please feel free to reach out