Settlement fees depend on the speed you choose.

Settlement options

| Option | Speed | Fee |

|--------|-------|-----|

| Instant | Immediately | 0.5% |

| Same-day | By 6 PM daily | Free |

| Next-day | By 10 AM next day | Free |

How it works

Instant settlements

• Funds are available immediately in your bank account
• 0.5% fee is deducted from the settlement amount
• Best for: Businesses that need immediate cash flow

Same-day settlements

• Funds are settled at 6 PM daily
• No fee
• Best for: Most businesses

Next-day settlements

• Funds are settled by 10 AM the next day
• No fee
• Best for: Businesses that don't need same-day access

How to choose

1. Go to Business > Settings > Settlements.
2. Select your preferred settlement speed.
3. Confirm with your PIN.

Tip: Same-day and next-day settlements are free — choose the option that works best for your cash flow.

Need a hand? Email hello@cashmatrix.ng.