Settlement reporting
Settlement reporting provides comprehensive data on funds received from your acquirers. Reconcile expected payouts with actual deposits, identify discrepancies, and ensure financial accuracy. This supports robust financial operations and treasury management.
What you get.
- View detailed settlement reports by acquirer and currency
- Reconcile settled amounts against processed transaction values
- Track deductions for fees, chargebacks, and refunds
- Access historical settlement data for audit and compliance
- Generate reports for specific date ranges or settlement periods
- Identify and dispute discrepancies in settlement amounts
Common questions.
How often are settlement reports updated?
Settlement reports are updated as soon as we receive the settlement data from your acquirers, typically daily or according to the acquirer's payout schedule. This ensures you have the most current financial information.
Can I see a breakdown of fees within the settlement report?
Yes, settlement reports provide a detailed breakdown of all fees deducted by the acquirer, including processing fees, interchange fees, and scheme fees. This transparency aids in understanding your true cost of acceptance.
Does settlement reporting help with accounting processes?
Settlement reporting significantly streamlines accounting by providing consolidated data on payouts, deductions, and transaction volumes. This simplifies reconciliation and reduces manual effort for your finance team.
Related features.
Ready for velocity?
Tell us about your business. We'll match you with the right acquiring partners and the right route, typically inside a week.