Settlement Policy

Last updated: October 2023

1. Settlement Time

Standard Settlement: T+1 Working Day
Funds from successful customer payments will be settled to the merchant's registered bank account on the next working day.

2. Weekends & Bank Holidays

Transactions processed on Sundays or bank holidays will be settled on the next working day.

3. Settlement Schedule

Settlements are processed once daily during the designated settlement cycle.

4. Settlement Delays

In exceptional cases, settlements may be delayed due to bank holidays, technical issues, regulatory requirements, fraud review, KYC verification, or other circumstances beyond UdhariPay's control.

Note: Settlement timelines may vary depending on the payment method, banking partner, and applicable regulatory requirements. UdhariPay will make reasonable efforts to ensure timely settlements.