MPOS – Settlement Process
POS Settlement
All transaction of MPOS is getting settle in retailer bank account on date of transaction+1 working day (Holiday and Sunday is not counted in working day).
For auto settlement SMA has to enable the settlement option.
On b2b portal there are two types of options are available
(i) In account
(ii) In Wallet
So SMA has to select In Account option.
Note:- If partial amount from MPOS transaction is used by the SMA for other transaction then the remaining balance will not be settle through MPOS auto settlement option.
Agar SMA transection karta hai M:POS se to wo paisa account main T+1 day main tabhi jayega (auto settel hoga) jab usne settlement option main “In bank account select” kia ho agar usne in wallet wala option select karta hai to wo paisa wallet main jayega jisko wo manually settle nhi kar sakta apne account main.
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