The difference between payment on behalf and distribution

Payment on behalf of others and account sharing are two different concepts . Payment on behalf refers to the act that the transaction initiator asks others to pay the amount of this transaction , It is generally divided into bank payment and third-party payment company payment . Bank payment mainly refers to the use of their own settlement facilities by commercial banks , Accept the entrustment of customers to handle the collection and payment of designated funds on their behalf . Third party payment companies pay mainly based on the payment needs of most e-commerce platforms , For example, after receiving user funds , You need to pay merchants in batches . The different functions of the Sub Ledger System and the payment agent system are , There are two more parts: deposit channel and automatic account distribution . Splitting accounts is through technical means , Get through the transaction management of e-commerce platform , Start with user payment , Split and count the whole order , The system automatically divides accounts according to the order commission ratio between the platform and merchants