Settlement of funds from Clearpay Card transactions take place in the same way as all other card payments processed by your business. This is via your card payment processor or acquiring partner and you will be settled the gross sales amount less acquiring fees. Clearpay provides a detailed Reconciliation file that provides line item information on card payments that were captured by your acquirer daily. This can be downloaded by every Clearpay retailer from the Clearpay Merchant Portal. The data is provided in CSV format. Log on to the Clearpay Merchant Portal and, select the Reconciliation section, and click into the Clearpay Card tab.
Clearpay Card fees will be due per purchase and debited from your nominated account, as per the terms of your Merchant Agreement.