Settlement Overview

This section explains settlement cycles, statements, and reconciliation basics.

Settlement cycle

• The cycle follows the contract or launch checklist (e.g., T+1, T+3).
• Holiday delays are defined by business rules.

Statements and reconciliation

• The platform generates statements and details per settlement cycle.
• Merchants should reconcile transactions, fees, refunds, and adjustments.
• For discrepancies, provide order numbers and line items for investigation.

Funds flow

• Net collections after fees are paid into the settlement account.
• Payout transactions update settlement status after channel completion.

Exception handling

• Track reasons and timelines for failed or delayed settlements.
• Keep original callbacks and query logs for reconciliation.