Settlement Introduction
This section is for aggregation merchants only. If you are a bank merchant, please refer to Facilitation Merchants
Overview
Settlement is the process of transferring successful payments to the merchant bank account that was provided during the on-boarding process.
Moyasar settles payment amounts twice a week (Monday and Thursday) for all clients. This schedule can differ based on the agreement between Moyasar and the merchant.
Moyasar will provide the merchant with a detailed report for each settlement showing the payment ID, creation date and any metadata added the client.
Settlement information are delivered through two channels:
- API
Email
With each settlement an email is sent out to the registered client email during the on-boarding process, this email will contain a CSV, a PDF and an invoice for the settlement.
The CSV file format is described here: File Format
API
You can use Moyasar API to get the settlement information about payments. API usage is described here: Using API
The API does not provide the invoice or PDF files, it returns all data as JSON.