A
B
C
D
E
F
G
H
I
Settlement Timelines and Reconciliation
Settlement is the process by which authorized transactions are completed and funds are transferred to the merchant’s account. Timelines vary by payment type, network, currency, and geography. Immediate payments are rare; cross-border transactions can take several days.
Reconciliation ensures that transactions recorded by the merchant match those processed by the acquirer, network, and issuer. Accurate reconciliation prevents disputes, reduces errors, and provides insight into cash flow.
Monavate provides tools to track settlements in real time, automatically matching transactions, fees, and deposits. Businesses gain visibility into fund movement, reducing reconciliation errors and improving operational efficiency. This ensures transparency, control, and faster access to revenue.