💫 Split Payments
Welcome to the setup guide for Buho Split Payments. In this guide, you'll learn how to configure split payments in your Buho Wallet, allowing you to distribute incoming payments among multiple recipients or purposes.
👉🏽 OVERVIEW
Buho Split Payments enable you to automatically divide received funds into predefined shares.
- This lets you easily split any money you receive into set parts.
- This is great for sharing costs, splitting income, or managing different budgets all at once.
Step-by-Step Setup
Step 1: Access Split Payments Settings
- Open your Buho Wallet.
- Navigate to the Split Payments section in your wallet settings.
💡TIP
Make sure your wallet is updated to the latest version to access all split payment features.
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Step 2: Define Payment Recipients
- In the Split Payments section, enter the details for each recipient.
- Specify the percentage or fixed amount for each share.
💡TIP
Plan your splits ahead of time to ensure each recipient receives the correct share.
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Step 3: Configure Split Logic
- Choose your split amount: percentage-based.
- Input the desired values for each recipient accordingly.
- Review the calculated totals to confirm accuracy.
❗️IMPORTANT
Ensure the total allocation does not exceed 100% to avoid any discrepancies.
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Step 4: Activate Split Payments
- Once you have set up the splits, click the "Save Split Payments" button.
- Your settings will be saved, and the split payments feature will be activated immediately.
BEST PRACTICE
Double-check all configurations before activation to ensure funds are distributed correctly.
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Additional Information
NOTES
- You can edit your split payments configuration at any time within the wallet.
- Multiple split schemes can be created for different scenarios or time periods.
Troubleshooting
If you encounter any issues during setup:
- Verify that your wallet is connected to the internet.
- Recheck your input values for any inconsistencies.
- Ensure that your receipient address is correct.
✍️ Lightning address has only small letters. Double Check.