Resellers: Auto-Settlement

Merchants will have questions about Auto-Settlement: is it enabled for them, how to turn it on or off, and update the time of Auto-Settlement. This short video will take you through Auto-Settlement options.

In the Reseller portal, find your Merchant and click on the Manage Merchant icon (the wrench).

On the merchant information screen, it will tell you if auto-settlement is turned on, and if so, for what time. To update, click on Edit Store.

You will see Auto-Settlement option on the top right hand side. Toggle the switch to turn auto-settle on or off. The time can be set from the Settlement time area using the drop down menu. Times are listed in 30 minute increments.

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Click Save Store to save the changes. Back on the merchant info screen, you can verify that auto-settlement time has been updated.

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NOTE: if there are transactions processed on the terminal, and the merchant settles them prior to to the auto-settlement time, the auto-settle will not occur again.