Net Settle is where Yapstone deducts any refunds, chargebacks and fees from your gross payment value and settles the remainder to your account, based on your current funding timeframe. Should the net settlement generate a negative balance, Yapstone will initiate a debit that from your account to clear the balance owed for that settlement cycle.
Every time we settle funds to your account you will receive a deposit statement email detailing what has been paid and what has been deducted. You will also have access to reports with a detailed summary of transactions so you reconcile your payments from the dashboard.
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