Settlement Totals; Auto Settlement; Manual Settlement; Settlement History - VeriFone T650p User Manual

8

Settlement totals

Settlement is the process that's completed so you can be paid for your transactions.
8.1

Auto settlement

The terminal will automatically settle every day at your nominated auto settlement
time. A default auto settlement time will be assigned if you haven't chosen an auto
settlement time.
The terminal must be turned on to complete an auto settlement. If your terminal can't
complete an auto settlement, we'll conduct the settlement on your behalf.
If you wish to change your auto settlement time, contact the Merchant Helpdesk.
8.2

Manual settlement

You may perform a manual settlement at any time throughout the day – before
the auto settlement occurs. However, settlements cannot be processed between
9:30 pm and 11:00 pm (Sydney time).
1. Select the menu icon
2. Select Settings.
3. Select Account.
4. Select Settlement.
5. Select Settle Now, this will trigger the manual settlement.
6. The settlement report will be displayed on the screen and printed.
Important: You can only perform a settlement once a day, before 9:30 pm (Sydney
time). A settlement done after 11:00 pm will be processed as a settlement for the
next day.
8.3

Settlement history

You may view or print any previous settlement report, for the last 14 days.
1. Select the menu icon
2. Select Reports.
3. Select Settlement History.
4. Select required date.
5. The requested settlement will be displayed on the screen. Select Print, if required.
located at the top left of the amount-entry screen.
located at the top left of the amount-entry screen.
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