Stax

MARCH 18, 2025

Funds are settled and deposited into the merchant account – Once the transaction has been approved, the funds are deducted from the customers account and deposited into the merchant account or payment service provider account after settlement. Ideally, you want instant or same-day fund settlement.

Process

Finextra

JUNE 25, 2025

Combining SEPA compliance with Ukraines competitive cost structure can position Ukrainian fintech companies as serious competitors in European markets. Cross-border payment costs within SEPA can decrease by 85-90% for Ukrainian businesses, with processing time improvements from 3-5 days to same-day or instant settlements.

FinTech

Clearly Payments

SEPTEMBER 13, 2024

They also ensure compliance with industry standards like PCI DSS. Unified Reconciliation and Settlement: By consolidating transactions from multiple providers, payment orchestrators simplify the reconciliation and settlement processes, reducing administrative overhead for businesses.

Payment APIs and Integration