Routing

Routing is a new Mandarin product for marketplaces, platforms and any business that needs to automate various financial flows without additional programming of its own accounting systems, and most importantly, without involving a large number of financial employees with a multiple growth of transactions.

Routing allows you to consistently build a chain of payments from the payer to one or more recipients (legal entities or individual entrepreneurs). At the same time, you can do it in the most flexible way.

The basic principle of the product Routing is as follows: each incoming transaction in the service is split into atomic movements of funds between the payer's account (source) and the recipient's account (destination).

Main scenarios for using Routing by Mandarin:

• C2(B+B) - splitting the payment from the payer to several legal entities, namely one or several submerchants and platform/marketplace.

An important advantage of Routing is full automation and transparency of financial flows for the company (Counterparty) and external parties. The platform/marketplace receives only its part of the payment, which is the company's income, and the rest of the transactions can be processed in a fully automatic mode outside the Counterparty's balance sheet.

The product allows, among other things, to completely abandon the use of agency financial models.

Routing is ideal for freelance services, services and goods marketplaces, cab aggregators, delivery and logistics platforms, shoring services, message boards and many other types of businesses with distributed business processes.