Reconciliations (formerly known as settlements) payments are triggered from the time an order is approved by Afterpay and is processed. Reconciliation payments will be made based on the reconciliation processing time agreed.
When configured an email is sent to the email address you have on file for reconciliations, summarizing the total reconciliation payment amount to be paid.
Please note, emails are not sent if there are no amounts due to the Merchant.
- Afterpay merchant fees are calculated and deducted from each transaction prior to reconciliation payout.
- Bank processing times vary and need to be considered for clearing. Please note, weekend reconciliations and public holidays may have an additional delay due to bank operating hours and processing times.