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Settlement · Glossary

Settlement batch

Also called: batch

A settlement batch is the daily bundle of authorized transactions a merchant submits to the acquirer for funding. Late or missing batches downgrade the transactions to a higher interchange tier and delay payout.

Why this matters to merchants

Settlement batchsits inside the broader system of U.S. payment processing economics that determine a merchant’s effective rate. Most operators encounter this term on their merchant statement without understanding what it controls, which is how the four hidden fees covered by our methodology slip past unnoticed.