Settlement Period
The settlement period, in the context of payments, refers to the timeframe during which financial transactions are processed, verified, and finalized, resulting in the transfer of funds from the payer to the payee. This period encompasses the various stages of the transaction lifecycle, including authorization, capture, and settlement.
The settlement period, in the context of payments, refers to the timeframe during which financial transactions are processed, verified, and finalized, resulting in the transfer of funds from the payer to the payee. This period encompasses the various stages of the transaction lifecycle, including authorization, capture, and settlement.
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