What They Are and Why They Matter
Settlements are how your businessΒ receives funds from customer transactions. After a payment is completed, the funds go through a reconciliation process before being released to yourΒ Monxa Balance. Understanding settlements helps you:- Manage cash flowΒ effectively
- Forecast financesΒ accurately
- Keep your business thriving
β± When to Expect Your Settlements
Settlement times vary depending on the payment method used by your customers.- Standard processing:Β Usually completes inΒ 1 business day
- For full timelines, check theΒ [Settlement SLA]
π° Settlement Destination
All settlements go directly to yourΒ Monxa Balance, giving you:- Instant accessΒ to funds
- FlexibilityΒ for payouts or reinvestments
β‘ How Settlements Work in Monxa
Monxaβs settlement process is designed to beΒ fast, reliable, and transparent:- Payment Collection
- Customers pay via their chosen provider (bank, e-wallet, etc.)
- Approved funds are sent to Monxa
- Reconciliation
- Monxa verifies all payment details
- Ensures accuracy and compliance before releasing funds
- Settlement Transfer
- Funds are deposited directly into yourΒ Monxa Balance
- Settlement Report
- Detailed reports of each settled transaction are available inΒ Monxa Report β Settlements
- Provides full transparency and up-to-date information
π Support for Settlement Issues
If you encounter any settlement issues, Monxa provides multiple support channels:- Account Manager:Β Your dedicated manager offers personalized guidance
- Email Support:Β Reach out atΒ support@monxa.coΒ for prompt assistance