Credit Card Settlement (Batch Close)

Use this feature to send all daily credit card transactions to your processor so you can receive the corresponding funds in your bank account.

Go to Main Screen> MENU> SETTLE TRANS

On the Main Screen, go to MENU and click on SETTLE TRANS.

A window will appear. Click YES to proceed.

Note: Flush the local credit batch means the system clears out all the credit card authorizations stored locally (in the terminal/POS) and securely sends them off to the payment processor.

Enter the employee passcode. Make sure the employee has settlement permissions enabled.

The settlement process will be complete, and the Transaction Settlement Report will appear on the screen. You can choose to print it if needed.

Result:

Hint: Settlement should be performed daily to ensure timely funding and prevent potential fees or transaction rejections from the card networks.