Settlements

Settlement Introduction

3min

This section is for aggregation merchants only. If you are a bank merchant, please refer to Facilitation Merchants

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:

  • Email
  • 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.