Vendor On-Demand Settlements
With vendor on-demand settlements, you can settle the unsettled vendor balances to your vendor bank accounts instantly 24*7, including holidays.
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,
- Go to Payment Gateway Dashboard > Easy Split - Vendor > click Settle Now.
- 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.

- The on-demand settlement details are displayed. Verify the vendor details, and click Settle Now.
- You will get a vendor settlement initiation confirmation along with the on demand request ID and settlement ID.
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.
Updated 26 days ago