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Transaction settlement is the process of moving funds from the cardholder's account to the merchant's account following a credit or debit card purchase. The issuer will route funds to the acquirer via the card network. For debit card payments, the funds will be withdrawn directly from the cardholder's bank account.

Payment settlement involves collecting the funds for the amount recorded for an order. For example, when using credit cards, the settlement process specifically involves contacting the payment system and collecting the required amount of funds against the credit card.

Settlement can be defined as the process of transferring of funds through a central agency, from payer to payee, through participation of their respective banks or custodians of funds.

What is a settlement instruction? Standing settlement instructions are instructions that have been agreed in advance, and that are to be used every time a trade is made. For recurring transfer of funds or securities, you may enter standing settlement instructions that can be used each time a transfer request is made.

The Settlement details report includes the details of payments that have been settled and paid out to you in one batch by Adyen. You can use this report to see the costs of each transaction and perform reconciliation on a transaction level.

A settlement is a colony or any small community of people. If a bunch of people build houses on the moon together, they'll have the first lunar settlement. A settlement is also the resolution of something such as a lawsuit. One kind of settlement is a place where people live.

An example of a settlement can be a town, city, village, outpost, or metropolis. These settlements are usually located near natural resources or close together for security.