In last two chapters, we covered settlement timelines and settlement amount. Let’s talk about where to settle?

Settlement Account:

An aggregator can do settlement to any account (current, nodal or escrow) that…

In last section, we covered ‘WHEN’ will merchant receive the money and in this section, let’s talk about ‘HOW MUCH’

After ‘reconciliation’, aggregator settles funds to merchants account (current or nodal or escrow)

Settlement amount depends…