Support
/
Glossary /
Settlement

Settlement

Q: How can a merchants consolidate settlement data?

An issue many online merchants face is that each payment service provider provides settlement data in a different format. By using a payment orchestration platform, all settlement data from all payment servicer providers is stored in a central and unified format. This means merchants can easily analyze their data across all providers and easily import it into their BI software.

Q: How long does it take for payment service providers to settle with businesses?

Settlement time varies from provider to provider and depending on the contract that you have with them. The payment method used also makes a difference. Card payments take longer than open banking transactions.

Q: Is it possible to generate uniform settlement data?

Yes, all settlement data in IXOPAY is centralized and displayed in a uniform format. This allows for in-depth analysis across all payment service providers/acquirers.

Settlement is the final step in the payment lifecycle. This is the point where the funds used paid by consumers for goods or services are transferred to the merchant’s account. The time it takes for a settlement to be completed depends on the payment method and the terms of the contract between the merchant and their acquirer(s).

How can a merchants consolidate settlement data?

How long does it take for payment service providers to settle with businesses?

Is it possible to generate uniform settlement data?

The Future is Agentic.
Are You Ready?

As commerce shifts from clicks to agents, your infrastructure must be protocol-agnostic. IXOPAY acts as the neutral trust layer, orchestrating identity and value across the fragmenting landscape of AI agent protocols.

Contact Sales

Settlement

The Future is Agentic.Are You Ready?

The Future is Agentic.
Are You Ready?