Affirmative’s Settlements Manager is a remotely hosted settlement management tool designed for aggregating settlements across payment channels. Simply drop your payment files on our secure platform and we will automatically generate settlement transactions for ACH, Credit and Debit Cards, and RDC transactions. When you are ready, the system will produce an ACH file for you to originate with your ODFI or ACH Processor.
Settlements Manager offers:
- Customized hold periods
Control the number of days to hold a payment before releasing it to your merchant
On either the pre or post settlement amount, you can retain a percentage of the transaction for any late trailing returns or charge backs.
- Customizable settlements schedule
Pick which days of the week you want your settlement files to be generated.
- Unlimited settlement accounts
Settle your transactions to the account of your choosing with no limit on the number of settlement accounts you can settle to.
- Real time reporting
See the condition of all of your settlement transactions in real time. Know which transactions have been paid and which are being held at any given moment.
Need to manage settlements at more than one level? Third party processor, merchants with sub merchants, we have it covered. We employ a parent-child relationship model that allows your settlement process to match your business model.