The following table shows cases of different self-service onboarded (SSOB) merchants based on their account activation (KYB-know your business) and surpassing the client wallet account minimum of $100.

Settlement Matrix for SSOB Merchant

Merchant Example

Merchant KYBed?

Settlement threshold (USD 100) meet?

Can merchant ask for settlement?

Type of Settlement

A

Yes

No

Yes. But Rapyd will require at least $100 minimum in the client wallet.

Manual Settlement. Please send FinOps the ticket on this request.

B

Yes

Yes

Yes. Auto-settlement. No additional fee here

Auto-settlement. Check with FinOps if the amount was settled.

C

No

No

No

N/A

D

No

Yes

No

N/A

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