Performing A Settlement (Closing The Terminal) - Ingenico iCT250 Quick Reference Manual

11 – Performing a Settlement (Closing the
Terminal)
You should perform a terminal settlement at least once per day. This
ensures prompt payment and reduces the chance of chargebacks.
At the idle screen, press [Enter] to access the main menu.
1.
For retail merchants, press [7] or use [▼] button to scroll down to
2.
highlight Settlement and press [Enter]; for restaurant merchants,
press [6] or use [▼] button to scroll down to highlight Settlement
and press [Enter].
3. Enter the manager password and press [Enter].
4. Press [F1] to select Yes to close the current batch or [F4] to select
No, or [Cancel] if you do not wish to settle at this time.
5. Press [F1] to confirm the batch totals.
6. The terminal starts to communicate with Global Payments to close
the batch.
7. Once the transaction is complete, a Close Batch Settlement
report is printed, giving the status of the close batch operation.
Confirm the receipt displays "Batch ### Closed" to verify that the
settlement is complete.
These transactions will be processed and your account(s) will be
credited. The funds will be available in your account(s) according to the
arrangements you made with Global Payments.
CAUTION:
If the terminal displays "Out of Balance" at the end
of the settlement procedure, please contact Global
Payments Customer Care at 1-800-263-2970.
NOTE:
Auto Settle function is available on your terminal. To
activate Auto Settle, please contact Global Payments
Customer Care at 1-800-263-2970.
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