Lamba Product Documentation
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  • πŸ‘‹Welcome to Lamba
  • Overview
    • πŸ’‘Why Lamba?
    • 🍒Our Strategies for Solving Problems
    • β˜‘οΈReasons Why Lamba is Almost Costless!
    • πŸ”’Methods of Security Enforcement
  • Use Cases
    • πŸ‘ For E-commerce (collecting & splitting payments)
    • 🏹For CRMs
    • πŸ‘©β€πŸ’»For CMS
    • πŸ“§Building Email Apps
    • πŸ“©Building SMS Apps
    • πŸ§‘β€πŸ€β€πŸ§‘Building Social Media Publishing Apps
  • Getting Started
    • 🀝Creating Your First App
    • πŸ”Generating API keys & Enabling Services
    • πŸ”‘Recommended Security Considerations
  • Documentation
    • 🐦Understanding Lamba Model
    • ⛱️Lamba UI (JS Client)
      • πŸ‹Live Demo
      • πŸ§‘Installation & Initialization
      • πŸ“Structure of the Initialization Object
      • πŸ§‘How to use a service
        • Using LowMail
        • Using LowSMS
        • Using LowFi
      • 〽️Listening for Events
      • πŸ•ΈοΈHandling Webhooks
    • ♐Lamba API
      • πŸŽ†Endpoint & Authorization
  • Development Roadmap
    • πŸ—ΎRDMP 2023
    • πŸ—ΎRDMP 2024
  • Join The Team
    • πŸ«‚Bring On Your Skillset
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  1. Use Cases

For E-commerce (collecting & splitting payments)

Streamlining Collection and Splitting of Payments

Introduction to E-commerce Payment Solutions on Lamba

In the dynamic world of e-commerce, efficient handling of payments is crucial for success. Lamba's platform offers robust solutions for collecting and splitting payments, simplifying financial transactions for both merchants and consumers. Whether you're running an online store, a marketplace, or a subscription service, our integrated payment solutions ensure seamless and secure transactions.

Collecting Payments with Ease

  1. Diverse Payment Options: Lamba integrates with leading payment gateways like Stripe, Paystack, and Flutterwave, offering a range of payment methods to your customers. This flexibility enhances the customer experience by providing them with their preferred payment choices.

  2. Seamless Integration: Setting up payment collection is straightforward with Lamba. Our low-code approach means you can integrate payment gateways into your ecommerce platform quickly and without needing extensive technical expertise.

  3. Secure Transactions: Security is paramount in online transactions. Lamba ensures that all payment processes are encrypted and comply with the latest security standards, giving both you and your customers peace of mind.

Efficient Payment Splitting

  1. Automated Split Payments: For platforms that involve multiple vendors, like marketplaces or collaborative ecommerce sites, Lamba's payment splitting feature is invaluable. Automatically split payments between different parties based on predefined criteria, ensuring transparency and accuracy.

  2. Customizable Splitting Rules: Lamba allows you to set rules for how payments should be split. Whether it's based on percentage, fixed amounts, or other criteria, you have full control over the distribution of funds.

  3. Real-Time Settlements: Ensure quick and efficient settlements to vendors or partners. Lamba’s system processes these transactions in real-time, enhancing trust and satisfaction among your stakeholders.

Advantages for E-commerce Platforms

  • Improved Cash Flow Management: By automating the collection and splitting of payments, Lamba helps you manage cash flow more effectively, a critical aspect of running a successful ecommerce business.

  • Enhanced User Experience: The convenience of multiple payment options and the assurance of secure transactions contribute significantly to a positive user experience, driving customer loyalty and repeat business.

  • Operational Efficiency: Reduce the administrative burden of managing financial transactions. Lamba's automated solutions free up your time and resources, allowing you to focus on growing your business.

Conclusion

Lamba's LowFi payment solutions are designed to meet the diverse needs of the e-commerce sector. By simplifying and securing the process of collecting and splitting payments, we help you optimize your financial operations, ensuring that your business runs smoothly, efficiently, and securely. Trust Lamba to be your partner in ecommerce success, empowering you with the tools you need to thrive in the competitive online marketplace.

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Last updated 1 year ago

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