Credit Card Settlement
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(New page: If you are a member of the Cash-Flo program, you may use the Credit Card Settlement process to receive payment for credit card transactions. After the settlement is processed, the deposit ...)
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If you are a member of the Cash-Flo program, you may use the Credit Card Settlement process to receive payment for credit card transactions. After the settlement is processed, the deposit is made to your Cash-Flo bank account for deposits. There is no limit to the number of transactions in a settlement batch. Credit card transactions are automatically settled overnight without your intervention.
You can see credit card settlement information in the Credit Card Settlement window, including the amount for each card settled, as well as total amounts for current and previously settled credit card batches (see Credit Card Settlement window for details). Credit card authorizations from incomplete sales will not display for settlement. You can only settle credit card authorizations from complete sales. Individual credit cards will be settled for the sale automatically overnight as the payments become authorized.
