Pre-settlement Processing Flow
- The Nuvei system performs a daily/weekly
GET transactions
API request to retrieve the latest set of order records, according to the Marketplace Platform billing/settlement frequency configured in your Marketplace Platform account.
- The Nuvei system processes each order record retrieved, according to the pre-settlement processing rules and the “Marketplace Platform – Merchant” agreements.
- The resulting payments and refunds are accumulated, final settlement payouts are paid, and detailed settlement reports are distributed to the relevant entities.
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Last modified August 2024