What MySplitPay is (and isn’t)
MySplitPay is B2B residual and commission software for ISOs and payment companies. You upload processor residual reports, apply your split agreements, and pay account reps from a live ledger—without rebuilding month-end spreadsheets every cycle.
What it is
MySplitPay turns processor residual files into rep-ready commission splits and payouts. Smart Reports AI auto-detects common residual formats so you spend less time mapping columns and more time reviewing balances. You manage merchants and MIDs in one place, keep a live ledger of what each rep is owed, and give reps a portal to see their own merchants, growth, and payout history.
Named processors today include CardConnect, First American, and Secure Bancard, with room to add others when you need them. Plans scale by account reps and processors—not by MID count—so portfolio growth does not force a seat renegotiation for every new merchant.
Who it’s for
MySplitPay is for ISOs, payment companies, and residual managers who already split processor residuals to account reps (or plan to). If your month closes with exported CSVs, VLOOKUPs, and “which file is final?” threads, this product is built for that workflow. Owners, ops leads, and finance partners who need an auditable path from residual report to approved payout will recognize the problem immediately.
What it isn’t
MySplitPay is residual and commission software for payment ISOs—not a consumer rent-, roommate-, or bill-splitting app. If you searched for personal expense sharing, you are in the wrong place; if you run an ISO residual book, you are not.
How it works
Upload reports
Drop in your processor residual files. Smart Reports AI auto-detects the format so you are not hand-mapping fields every month.
Auto-split
Residuals are calculated and allocated to each rep based on your split agreements, with balances visible as reports process.
Pay reps
Review the ledger, approve payouts, and get reps paid. What used to take days of spreadsheet work can be reviewed and closed in a focused ops pass.
Pricing snapshot
Questions about processors, MID limits, security, or the rep portal? See the homepage FAQ. Product docs live at app.mysplitpay.com/docs.