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Terminologies
| Terminology | Description |
|---|---|
| Current Usage | If you have Early Settlement toggled on for a particular channel (e.g. eWallet), a transaction coming through that channel will automatically be early settled as long as: 1. Total Limit has not been exceeded, and 2. the transaction size will not cause the Current Usage to exceed the Total Limit. Current Usage is the total amount of transactions that have been early settled to you but have not been settled to Xendit. |
| Usage (%) | Current Usage as a percentage of Total Limit |
| Total Limit | The total limit you have per channel, as stipulated in your signed variation agreement. This figure does not change unless there is a new variation agreement signed, indicating a change in total limit per channel. If you have turned on Early Settlement for eWallets, your eWallet’s Total Limit is shared across all eWallet channels (e.g. ShopeePay, Dana, etc). |
| Available Limit | Calculated by Total Limit - Current Usage. If you have Early Settlement toggled on for a particular channel (e.g. eWallet), a transaction coming through that channel will automatically be early settled as long as the transaction size will not cause the Available Limit to be less than zero. |
| Rate | The rate you are charged per early settled transaction per channel, as stipulated in your signed variation agreement. This figure does not change unless there is a new variation agreement signed, indicating a change in rate per channel. How it works: If rate = 0.25%, and an early settled transaction amount = Rp1,000,000, the fee incurred = Rp2,500 for that transaction. |
| Status | Your status is active as long as you have done a one-time activation of Early Settlement before. Status is restricted if there are pending issues with your account. Please contact our customer service if this does not resolve. |
Early Settlement Configurations
This is where you can view your settings and usage of Early Settlement, including rates and limits as stipulated in your contract. For more details on what each column means, kindly refer to the Terminologies section.
This is also where you can toggle Early Settlement on or off, as and when you need to.
In the future, we intend to add additional Early Settlement features to this tab, such as:
- Auto scheduling of Early Settlement activation periods
- Requests for higher Early Settlement limits
- Automated activation of Early Settlement for new channels
To view your early settled transactions, click ‘See All Transactions’ to be redirected to the Transactions Tab. 1. Click ‘Filter’ 2. Under ‘Settlement Status’, check ‘Early Settled’.
Last Updated on 2023-05-24