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Settlement model

How money flows from an order to each beneficiary — and when it actually lands.

Order Clearing walletheld · clear settle Settlement engineinstant/daily/... Payout

Clearing wallet

When an order is recorded, its splits are staged in your company clearing wallet (one per currency) — not yet paid out. The dashboard shows the available and held balances per currency.

Holds

Splits funded by card or PayPal are held for a chargeback window (about 10 days) before they become settle-able. ZovoPay → ZovoPay payments are not held and clear immediately. Holds release automatically when the window matures.

Settlement modes

Each linked merchant/courier settles on its own schedule:

ModePayout timing
instantCleared funds are paid out almost immediately.
dailyAccumulated cleared funds are paid once per day.
weeklyPaid once per week.
monthlyPaid once per month.
A minimum-threshold can be set per beneficiary; payouts below it roll into the next cycle. You can also confirm pending payouts manually from the dashboard.

Disputes

You decide a dispute outcome from the dashboard; ZovoPay executes the reversal against the relevant beneficiary. Your platform commission is non-refundable on a dispute resolution.