Settlement

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 Merchant wallet will be plus reconciliations' amount.

To check the reconciliations have "Paid" status, choose Payment gateway, then choose Reconciliation report.

To check the settlement, choose Merchant Wallet and then check records with "Revenue settlement" type