Settlement
Settlement report
Acquirer-provided file (typically daily) listing captures, refunds, fees, and net funding; the ground truth for merchant reconciliation and revenue recognition.
Related terms
Reconciliation
Matching gateway, acquirer, and bank records to isolate discrepancies (missing captures, unclear fees, timing gaps); a core finance workflow for scale merchants.
Settlement
The transfer of funds from the acquirer to the merchant's bank account, net of fees and reserves.
Funding cycle
The schedule (daily, weekly, monthly) on which an acquirer pays a merchant, net of fees, reserves, and refunds, into their nominated bank account.
Related guides.
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