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Settlements are the payouts for the payments accepted from customers for a particular product/service, which will be transferred in your linked bank account as per the settlement frequency of your merchant.

Instant settlement: Customers' payments settle to your bank account immediately. Daily settlement: At the end of the day ( hrs), one lump sum automatically settles to your bank account.

Default settlement cycle is T+2 days. We also have T+1 and same day available at extra cost. Default settlement cycle is T+2 days.

Real-Time Settlement is available on all business days (timings vary from bank to bank). Funds are transferred and settled in the receiver's bank account instantly. The facility is available 24*7 365 days, even on holidays.

The total payment you have received in one day (24 hours) is transferred to your bank account by the next working day in most cases. Due to bank side issues, the settlement may get delayed sometimes.

How to change settlement time to instant settlement - YouTube YouTube Start of suggested clip End of suggested clip Option then click on the confirm button and lastly click on change to instant settlement. And it'sMoreOption then click on the confirm button and lastly click on change to instant settlement. And it's done your new settlement time is updated now you will receive all payments instantly in your bank.

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.