As a merchant using BCA EDC machines, it’s crucial to understand the settlement process to ensure accurate recording of transactions and smooth fund deposits into your account. This not only keeps your business finances in order but also provides assurance that all transactions are processed correctly.
The settlement process is straightforward when you know how to do it. Let’s dive into settlement and how to settle on BCA EDC machines!
What is Settlement?
Settlement involves the merchant instructing BCA to credit funds from payment transactions to the account. These payments can be from debit/credit cards, QRIS, or Flazz transactions.
How to Settle on EDC BCA
There are several types of BCA EDC machines, each with specific settlement processes. It is essential to familiarize yourself with the operational method of your machine.
To settle transactions on a BCA EDC machine, please check the information below.
It’s important to note that settlement can be done multiple times in a day. The funds will be transferred to the merchant account on the next calendar day after the settlement is made. This applies to regular settlements.
To better understand how to operate BCA EDC machines, click here