Vendor On-Demand Settlements

You can settle the balance to a vendor on-demand from the merchant dashboard or through the Settle On Demand Vendor Balance API. The on-demand settlements are processed through RTGS/IMPS rails. Cashfree Payments levies a small fee - On Demand Service Charge to process these settlements.

To initiate vendor On-demand settlement,

1. Go to Payment Gateway Dashboard > Easy Split - Vendor > click Settle Now.
2. In the Vendor On-Demand Settlement screen, select the transaction range (Start Date, Start Time, End Date, and End Time) within which you wish to settle the vendor balances and click Search.

3. The on-demand settlement details are displayed. Verify the vendor details, and click Settle Now.

4. You will get a vendor settlement initiation confirmation along with the on demand request ID and settlement ID.

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You can settle vendor balances on-demand only if:

• The vendor balance is greater than or equals Rs. 1000.
• Transactions are processed at least 15 minutes before initiating on-demand settlements through API.
• Transactions are processed at least 1 hour before initiating on-demand settlements through the merchant dashboard.