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Legacy Platforms » Converge (formerly VirtualMerchant) » Transactions & History »

Sending Transactions to Your Bank Account (Settlement)

By default, VirtualMerchant will automatically settle your transactions at midnight. To manually settle your batch:

 

1) Click "Current Batches" on the blue menu on the left

2) Click "Main"

3) Select which transactions you would like to settle by checking each box, and select "Settle Selected", or, select "Settle All"

4) The next screen will ask you to confirm your settlement; select "Submit"

 

To change your automatic settlement options:

 

1) Click "Terminal" on the top blue bar

2) Select "System Setup" from the list

3) Update the settlement settings to your preference

4) Click "Update.