Merchant has a (T) settlement period and start time of (T). The (T) will be configured by NeoX.

Conditions: merchant has at least one successful reconciliation in the settlement period.

Ex: the (T) is 3 days and start time is 10th October. All successful reconciliations are from 10th October - 13th October, they will be settled on 13th October.

Settlement Process:

  • The reconciliations' status will be changed to "Paid".

  • The collection account will be plus the reconciliations' amount

  • The total collection amount will be minus from the reconciliations' amount

To check the reconciliations have "Paid" status, choose Collection service, then choose Reconciliation report.

To check the Collection account, choose Collection service, then choose Collection account.

To create a withdrawal money request, click on the "WITHDRAW MONEY" button, then fill in all the information on the withdrawal request popup, and click on "WITHDRAW" button.

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