Merchant Accounting

BankWORKS® Acquiring generates the internal financial transactions required to both, settle with your merchant any pending credit balances and bill your merchants for any pending debit balances. Merchants can be settled for their balances either intra-day or at the end-of-day/month, depending on their settlement method. Your merchants can be settled using:

  • Balance-based  Settlement
  • Transaction-based Settlement
  • Multi-Currency Settlement
  • Rolling Reserve Settlement