The most cost-effective way to process transactions is to group them together and settle them in batches. Settling a batch usually involves the following steps:
Step 1. Your POS or software creates the batch for you automatically.
Step 2. When you have finished transactions for the day you close the batch to finalize your transactions.
Step 3. The processor settles your batch and transfers the funds to your account.
We recommend you close your current batch at the end of every day to avoid higher fees for settling your batch later.
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Tags: view transactions, close batch, settlement, openedge view, search batches, manage batch, settlement time