Settlements¶
Settlements refer to the transfer of collected funds from payment gateways to your bank account.
How settlements work¶
- Customer pays via gateway
- Gateway collects payment
- Funds are settled to your bank based on the provider’s schedule
Settlement timelines depend on:
- payment provider
- country
- account verification status
Viewing settlements¶
You can track:
- gross payment amount
- gateway fees
- net settled amount
- settlement date
(Some details may be visible directly in the payment provider dashboard.)
Common settlement delays¶
- Bank holidays
- Account verification issues
- High-risk transactions
Best practices¶
- Regularly reconcile orders with settlements
- Keep bank details updated
- Download settlement reports for accounting