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Configure Settlement

Wallet Settlement Configure​

add wallet settlement config

Wallets​

select the wallet from the field wallets.

settlement Accounts​

Select the settlement account from the field settlement account.

How Many Times​

The wallet settlement configuration will run the specified number of times based on the value provided in the "Number of Times" field. For example, if the value is set to 3, the configuration will execute three times and then will no longer be triggered.

Reactivate After Time Value & Merchant Settlement Account config Reactivation Duration​

The settlement configuration will be triggered based on the values provided in the "Reactivate After Time" and "Merchant Settlement Account Config Reactivation Duration" fields. These fields determine the interval at which the configuration will be triggered. For example, if the "Reactivate After Time" value is set to 1 and the "Merchant Settlement Account Config Reactivation Duration" field is set to "Day," the settlement configuration will be triggered every one day.

Percentage​

The settlement configuration will be triggered based on the percentage value provided in the "Percentage" field and the duration set in the "Merchant Settlement Account Config Reactivation Duration" field, which can be day, week, or month.

For example, if the "Reactivate After Time" value is set to 2 and the "Merchant Settlement Account Config Reactivation Duration" field is set to "Day," then the configuration will be triggered 50% of the time on the first day, and the remaining 50% will be triggered based on the "Reactivate After Time" value.

Amount​

Specify the invoice settlement amount.

Use Case of Wallet Settlement Config​

Invoice Payment settlement​

  • Wallets : Select the wallet.
  • Settlement Accounts : Select the account.
  • How Many Times : Enter 0 for unlimited times triggering.
  • Reactivate After Time Value : Enter 0 for unlimited times reactivation.
  • Merchant Settlement Account Config Reactivation Duration : Select Day for reactivation after 1 day.
  • Amount : Enter amount for invoice settlement.

Forever Settlement​

  1. How Many Times & Reactivate After Time Value: Enter 0 in both fields.
  2. Percentage: 50 percent for Half settlement. And 100 percent for Full settlement.