Settlement you can explain line by line.
Multi-currency settlement with automated reconciliation, statements that itemise fees and adjustments, and a clear path from every individual transaction to the settlement that paid it.
A settlement you cannot explain is a reconciliation problem waiting to happen
Finance teams do not need settlement to be fast as much as they need it to be explainable. Every settlement should decompose into the transactions that produced it, minus the fees, refunds, chargebacks and adjustments that reduced it, in a currency you can account for. That is the standard this is built to.
From request to reconciled
Capture
Completed transactions accrue to a settlement batch according to the cycle agreed on your account and route.
Deduct
Fees, refunds, chargebacks, adjustments and any applicable reserve are applied to the batch and itemised, not netted silently.
Convert
Where the settlement currency differs from the processing currency, conversion is applied and shown as its own line.
Settle
Funds are paid to your nominated account on the agreed cycle through the relevant partner.
Reconcile
Each settlement is published as a statement that decomposes to transaction level and exports to your accounting system.
What settlement covers
Settlement cycles
The cycle is set per merchant and per route, and depends on your underwriting, risk profile and the acquiring partner.
Multi-currency settlement
Settle in the currencies you operate in, with the conversion treatment shown explicitly.
Bank settlement
Funds paid to your nominated bank account through the relevant licensed partner.
Alternative settlement methods
Where approved for your account, alternative settlement arrangements can be configured. These are agreed case by case, not offered by default.
Automated reconciliation
Transactions are matched to settlements automatically, with exceptions queued rather than hidden.
Settlement statements
Itemised statements showing gross, fees, refunds, chargebacks, adjustments and net.
Fees & adjustments
Every deduction appears as its own line with its reason, so nothing is unexplained.
Rolling reserves
Where a reserve applies to your account, its balance, holds and releases are visible rather than implicit. Whether a reserve applies is determined by underwriting.
Refund & chargeback deductions
Deducted and itemised, with a link back to the original transaction.
Settlement status
Pending, in progress, paid or failed, available in the dashboard and by webhook.
Transaction-to-settlement reconciliation
Every transaction names the settlement that paid it, and every settlement decomposes into its transactions.
Why teams choose it
- Explainable to the cent. Statements decompose to transaction level, so finance can answer any question about a payout.
- No silent netting. Fees, refunds, chargebacks and adjustments are itemised rather than absorbed into a net figure.
- Multi-currency without guesswork. Conversion is shown as its own line, not buried in the rate.
How you connect
- Statements in the dashboard, by export and through the API.
- Webhooks on settlement creation and status change.
- Exports formatted for accounting and ERP import.
What you can accept
- Applies to all processed volume on your account
Availability depends on merchant category, jurisdiction, underwriting and the applicable payment or acquiring partner.
How it is controlled
- Settlement funds move through licensed partners under their own authorisations.
- Statement data is immutable once published; corrections appear as explicit adjustments.
- Access to settlement data is role-controlled.
Flowa Pay provides the payment technology and orchestration layer. Acquiring, scheme settlement and regulated payment services are provided by licensed acquiring and payment partners under their own authorisations.
Common questions
It is set per merchant and per route, and depends on underwriting, risk profile and the acquiring partner. We do not publish fixed settlement terms because they genuinely differ by merchant and route.
Only where underwriting determines one applies. Where it does, the reserve balance, holds and releases are visible in your statements rather than being an unexplained deduction.
Yes, where supported on your route. Settlement currency is configured per account, and conversion is shown as a separate line.
Every transaction record names the settlement that paid it, and every settlement statement decomposes into its underlying transactions.
Ready to put settlement to work?
Talk to our team about your corridors, your volumes and the routes that fit your business.