Settlement is the process where completed transactions are finalized, and funds from customer payments are transferred to your account. This usually occurs at the end of each business day, and choosing the right time for settlement helps ensure your funds are processed efficiently and deposited on time.
For merchants using the Strictly gateway, you can configure the settlement time to fit your business needs.
1. Visit the Administration tab in the side navigation and select Settlement Schedule.
2. Choose the desired time for your settlement. All times are displayed in your configured time zone.
3. Click the Save Changes button at the top-right of the screen.
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