A payment moves through a few steps before the money is in your bank.
The steps
- Authorised: the customer's bank or wallet has agreed to pay.
- Settled: the money has reached the licensed partner for you.
- In a batch: settled payments are grouped into a settlement batch for payout.
- Paid out: the partner has sent the batch to your bank account.
Reserves
Some accounts have a rolling reserve: a share of each payment held for a set number of days in case of chargebacks, then released by itself.
Updated 06 Nov 2026
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