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Both bundled and transaction-specific settlements can be made either in gross or net.

Balance-based settlements

This is a settlement model suitable especially for webstores with a good amount of returns and refunds. Balance-based settlements are a form of bundled settlements, where the system always settled everything that is possible to include in the settlement, as a bundled settlement to the webstore’s bank account every banking day.

Fees, refunds made to buyers etc. are deducted from the settlements so that the webstore doesn’t have to worry about them. This settlement model also enables making refunds to buyers without a time limit. Balance-based settlements enable quick and easy settlements to the webstore. Balance-based settlements are naturally made in net, as the fees and costs are deducted from the settlements.

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