Automated Settlement & Payouts

SettleSettle operates an automated, reliable settlement loop that ensures that your processed transaction earnings are routed to your local accounts without manual friction.

T+1 Settlement Model (Pending Balance)

For fiat rails (Paystack and Flutterwave), SettleSettle implements a secure T+1 Settlement Ledger to prevent chargebacks and coordinate secure bank clearings:

1. Transaction Split Allocation:

When a user makes a payment, SettleSettle immediately applies your predefined subaccount split parameters:

• 96.5% of the processing volume is allocated to your developer ledger.
• SettleSettle collects a 3.5% transaction commission fee.

1. Pending Balance Credit:

Your 96.5% earnings are instantly credited to your developer balance under the **pendingKobo** ledger, keeping your dashboard logs in perfect synchronization.

1. Background Payout Cron:

• The platform runs an automated payout scheduler every 24 hours.
• The cron sweeps your funds from **pendingKobo → availableKobo** exactly 1 day (T+1) after transaction confirmation.
• It aggregates your total availableKobo earnings and automatically triggers a local bank clearing or SPL token transfer.

Settlement Rails

• Fiat Payouts: Handled via secure local bank clearing networks. Payouts land directly in your connected Nigerian bank accounts in NGN.
• Solana Web3 Payouts: Submits an immediate SPL token transfer of USDC directly to your registered wallet address, bypassing standard bank holidays and traditional banking delays.