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Standard settlements

In a standard settlement, the merchant captures the full amount that was previously authorized. Our system then releases the authorization hold and transfers the funds. This is the most common settlement type used in retail transactions. When we receive the settlement funds from the merchant we will send a transaction.completed webhook with the final amount.

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Partial capture

In a partial capture, the merchant settles for less than the originally authorized amount. Our system releases the full authorization hold and transfers only the captured amount. This scenario is common in restaurants, where the final charge may be lower than the initial authorization after accounting for tips. You will receive a transaction.completed webhook with the final amount.

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Over capture

Only available to specific merchant categories:Certain industries are allowed to settle for more than the authorized amount to accommodate tips and similar charges. See the permitted overcapture limits by MCC for specific MCC codes and their permitted overcapture limits.
In an over capture, the merchant attempts to settle for more than the authorized amount. Our system validates the request against network rules and merchant-specific thresholds and may approve or decline it accordingly. This is common in scenarios involving tips or additional surcharges. You will receive a transaction.completed webhook with the total amount.

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Multi capture

Our system supports multiple partial settlements against a single authorization. We maintain the full authorization hold until all captures are completed, which is similar to how we handle refunds and reversals. Once all settlements are processed, we release the hold and post the total settled amount. This approach is common in shipping scenarios where items are fulfilled in separate shipments against one initial authorization. Once the total amount is settled you will receive a transaction.completed webhook with the final amount.

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Force capture

Only available to specific merchant categories:In card-absent environments, up to a 15% increase between the authorized and settled amount is typically permitted. This buffer covers adjustments like shipping fees, taxes, or final service charges.
A force capture occurs when a merchant settles a transaction without prior authorization. These transactions bypass the authorization phase and proceed directly to settlement. This is typically used in offline scenarios, such as in-flight purchases where the merchant isn’t connected to the internet. Once the merchant posts the settlement, you will receive a transaction.completed webhook. These transactions are final.

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Refunds

Refunds are processed as negative transactions and may not reference the original charge. Our system validates each refund request and credits the amount to the cardholder’s account. Refunds can be issued anytime, even long after settling the original transaction. Once the settlement is complete, we will post the refund on our ledger, and you will receive a transaction.completed webhook.