Settlement

Settlement is the final step in the payment lifecycle. This is the point where the funds used paid by consumers for goods or services are transferred to the merchant’s account. The time it takes for a settlement to be completed depends on the payment method and the terms of the contract between the merchant and their acquirer(s).

How can a merchants consolidate settlement data?
How long does it take for payment service providers to settle with businesses?
Is it possible to generate uniform settlement data?

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