Reconciliation Process

Merchants need to know which payments have been settled to them. Ezypay provides settlement reports and webhooks to identify settled invoices. It is important for merchants to reconcile the settled payments with collected invoices. Refer to Ezypay's settlement process for detailed information. Ezypay practices a 3-day holding period before funds are settled to merchants.

Important Items

Capturing settled invoice
Ezypay uses transaction_settled webhook events to update any funds settled to merchants. When receiving this event, update the associated invoice status as settled along with the settlement date. This information allows merchants to reconcile platform data with funds received in their bank accounts.