fast funds settlement
The fast funds settlement add-on makes it easy for businesses and merchants to access their payment funds faster. Cash-flow is a big concern for small-businesses, and with this add-on, we have made it easier than ever to give businesses the flexibility of making their payment funds available faster.
To benefit from fast settlement, you must have an active Fast Funds Settlement add-on subscription. Learn more
Paymennt reserves the right to not extend this service to businesses that may have a higher risk profile. Things that contribute to the risk profile of a business include relationship history, transaction amount, source of funds, etc.
subscribing to fast funds settlement
fast fund settlement terms and conditions
- Subscription automatically renewes every month
- Applicble to Visa and MasterCard payments only
- Fast-settlement varies based on account country
- Fund availability does not change payout days or payout charges
The fast funds settlement add-on automatically makes your funds available 2 working days after a payment is captured (T+2). To use this service, you must enable the Fast Funds Settlement add-on.
Upon subscribing, your account will be charged the fees plus any applicable value added tax and your subscription will be valid for 1 calendar month. Unless cancelled, at the end of the monthly subscription, your account will be automatically charged for a new period of 1 month. If you un-subscribe from this add-on, your existing subscription will remain vaild until the end of the subscription period.
Paymennt reserves the right to cancel and/or refuse offering fast-settlement based on historical account performance and/or perceived account risk.