How settlement works
From payment to your available balance.
- 1
Payment succeeds
The net amount (after our fee) goes into your pending balance straight away. - 2
Nightly run
At midnight Nigeria time, every merchant's pending balance moves to available. - 3
Available to pay out
Send it to your bank account or on to suppliers with payouts. - 4
Reconcile
Each settlement has a report you can download as CSV.
Built for finance teams
Settlement you can check line by line.
T+1, every night
An automatic settlement run at 00:00 WAT, recorded so you can see when and how much.
Clear calculation
Gross payments, processing fees and refunds, shown as a sum that adds up to the net.
CSV exports
Download settlements, transactions, payouts and customers for your accounting software.
Reconciled daily
Our ledger is checked against payments, refunds, payouts and disputes, so balances can be trusted.
Disputes handled openly
If a customer disputes a payment, the amount is held in a visible reserve, not silently deducted.
Your bank account
Add a verified Nigerian bank account during onboarding and pay your available balance out to it whenever you like.