Vendor Standard Settlements

Merchants can settle their vendors as per Cashfree Payments standard settlement cycle.

The standard settlement cycle in Cashfree Payments is T+2 days, where T is the date of the transaction. For instance, if the transaction takes place on a Monday, the settlement is credited to the vendor account on Wednesday. The standard settlements happen only on bank working days.

Merchants can set the vendor settlement cycle while creating a vendor. The settlementCycleId value defines the vendor settlement cycle.

The standard settlement cycles are as follows:

Settlement IDDescription
1T+1 settlement at 11:00 AM.
2T+2 settlement at 11:00 AM.
4All transactions from 2:00 PM T-1 to 2:00 PM T+0 settled at 3PM T+0.
5All transactions till 5.30 at 6.
11Weekly Every 1st working day. If you intend to settle your vendor account on weekly basis opt for this cycle.
12Monthly Every 1st working day. If you intend to settle your vendor account on monthly basis opt for this cycle.