Settlement payments are triggered from the time an order is approved by Clearpay and is processed. Settlement payments will be made based on the settlement processing time agreed.
When configured an email is sent to email address you have on file for settlements, summarizing the total settlement payment amount to be paid.
Please note, emails are not sent if there are no amounts due to the Merchant.
If you would like to request certain users to receive these emails, please contact our team by clicking on the envelope.
- Clearpay merchant fees are calculated and deducted from each transaction prior to settlement payout.
- Settlement disbursement is made via ACH payment to US bank accounts only. ACH processing times vary by bank, (with banks typically taking an additional day or two to deposit the settlement into your bank account through ACH). Please note, weekend settlements and national bank holidays may have an additional delay due to bank operating hours and processing times.