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- Settlement on Stripe involves the following123:
- It uses the funds available in your Stripe account for refunds or to cover dispute amounts.
- Standard settlement timing is 6 business days for users on the Charges API and 4 business days for users on the PaymentIntents API.
- After ACH Direct Debit payments are settled to your Stripe account balance, payouts are made to your bank account according to your set payout schedule.
- Settlement and reconciliation involve transferring funds between the issuing bank and the acquiring bank, updating the merchant's account, and generating transaction records.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Settlement on Stripe uses the funds available in your Stripe account if you want to refund a payment or need to cover the funds from a dispute, similarly to other payment methods on Stripe. If PayPal charges a fee when a dispute closes, it’s withdrawn from your Stripe balance through a Balance Transaction of type adjustment.docs.stripe.com/payments/paypal/choose-settleme…Standard settlement timing is 6 business days from payment creation date for users on the Charges API and 4 business days for users on the PaymentIntents API. After ACH Direct Debit payments are settled to your Stripe account balance, payouts are made to your bank account according to your set payout schedule.support.stripe.com/questions/ach-direct-debit-paym…Settlement and reconciliation: the process of transferring funds between the issuing bank and the acquiring bank, followed by updating the merchant's account and generating transaction records for both the customer and the merchant.stripe.com/gb/resources/more/payment-processin… - People also ask
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