Payment Settlement Cycle Explained: T+0, T+1, T+2 and Instant Settlements

When a customer pays your business online through UPI, card, net banking or wallet, the money does not immediately reach your bank account. The payment is first authorised and captured, after which the payment gateway processes it through the relevant banking and payment networks. Applicable charges, taxes and adjustments are deducted before the net amount […] The post Payment Settlement Cycle Explained: T+0, T+1, T+2 and Instant Settlements appeared first on Cashfree Blog .