Topic
settlement
Focused guides connected by this engineering topic.
Card Payment Transaction Flow: From POS Terminal to Issuer and Back
Follow a card payment from cardholder and terminal through merchant, acquirer, switch, network, issuer, clearing, and settlement.
Authorization, Clearing and Settlement Explained
Understand the distinct goals, timing, records, and failure modes of payment authorization, clearing, and settlement.
Payment Reconciliation: Matching Transactions, Settlement and Exceptions
Design reconciliation across an internal ledger, processor reports, settlement files, duplicates, missing records, and exception workflows.