Voucher Settlement Bank Account
By default Scan to Pay Vouchers use lodge cards to complete voucher payment using card rails. Scan to Pay merchants are also able to specify Voucher Settlement Bank Account details on their Scan to Pay profile into which voucher payments will be settled instead of using card rails.
When a voucher settlement bank account is specified a tenant wallet is automatically created for the merchant and all voucher payments to that merchant are executed as wallet to wallet transfers. The balance of the tenant wallet is settled automatically daily by EFT to the nominated voucher bank account.
For more information please contact your account manager.
Updated 2 months ago