Set up live settlement plan

During the registration process for your merchant account, you can independently set up a live settlement plan without any dependency on payment method enablement. Once the payment method is enabled, the system will complete the configuration according to the settlement plan. Take the following steps to set up a settlement plan:

1. Click Go to setup to enter the Set up live settlement plan page.

2. Fill in Settlement currency and Minimum settlement amount, and click Confirm to enter the Settlement accounts page.

3. Click Add account to create a settlement account.

4. Fill in SWIFT and Account number, and click Submit. To designate this account as a settlement account, check the corresponding box.

5. A verification code will be sent to your secure email address. Enter the code and click Confirm.

6. After successful verification, the relevant information for the settlement account will be displayed on the Settlement accounts page.

Click to modify the minimum settlement amount. You can adjust the minimum settlement amount according to your business needs in the pop-up window.

Note: The settlement account type is limited to residential accounts only.