Batch Settlement is the process of finalizing and submitting all approved transactions collected over a period (typically a day) to the payment processor for funding. Once a batch is settled, the transactions are sent for clearing, and the merchant’s bank account is credited accordingly.
Use startBatchSettlement for batch settlements:
API Call Example
deepLink.startBatchSettlement( delegate: self)
{
"transaction_title": "settlements",
"Tpn": "794524937054",
"transaction_type": 7,
"batch_no": 243,
"timeStamp": "20241219114620",
"transaction_id": "84566476174593705420241219114620",
"status": "BATCH SETTLED",
"statusCode": "00"
}