You have 2 settlement options:
- Instant settlement: Customers’ payments settle to your bank account immediately.
- Daily settlement: At the end of the day (00:00 hrs), one lump sum automatically settles to your bank account.
Change your settlement preference
- Open Google Pay for Merchants
. - Tap Settings Settlement.
- Select Instant settlement or Daily settlement.
- Tap Save.
.
Settlement.Settle your payments on demand
- Open Google Pay for Business .
- Tap See past payments.
- Select Settlements.
- In the “Settlements” tab, you can find the amount to be settled until that time of the day.
- Tap Settle now. On the next screen, you’ll see the details of your settlement and a transaction state of “In progress.” After the transactionprocesses, the transaction state changes to “Settled.”
Tips:
- If you select Daily settlement but you want to settle batches right away, use Settle now.
- In some cases it may take between 2-3 days for payment to get credited to your account; if delayed further, please contact support. If the status of transaction is settled in the Google Pay for Business app. Please refer to your Bank account statement with the Settlement ID and Settlement amount before reaching out to support.
