Business / Settlement
Settlement built around your business.
First Digital Pay is designed to connect processed payments with a clear, controlled settlement experience for eligible businesses.
From payment status to settlement records, businesses should be able to understand where their money stands.
Settlement
- Status
- In preparation
- Amount
- 12,400.00
- Business reference
- PO-44810
- Destination
- Approved settlement destination
- Payment count
- 3
- Settlement reference
- STL-2026-0142
- Timing
- Per settlement agreement
Illustrative example
A clear path from processed payment to business settlement.
- 01
Payment received
A payment is received against a business reference.
- 02
Processing
The payment moves through applicable processing and required controls.
- 03
Settlement preparation
Eligible processed payments are prepared for settlement.
- 04
Settlement
Settlement proceeds according to the applicable arrangement.
- 05
Reconciliation
Settlement is matched back to its underlying payments.
Actual processing and settlement steps depend on the applicable product, configuration, jurisdiction and settlement arrangement.
Know what is settling and why.
A settlement record should show which payments it relates to, what applies to it and where it is going, so your team is not left interpreting a single figure.
Settlement detail
- Settlement reference
- STL-2026-0142
- Related payments
- PAY-2026-0779, 0780, 0781
- Gross payment amount
- 12,400.00
- Adjustments, if applicable
- As applicable
- Settlement amount
- Per settlement agreement
- Destination
- Approved settlement destination
- Status
- In preparation
- Business reference
- PO-44810
Illustrative example
Keep the payment connected to the settlement.
Each record carries the reference of the one before it, so a merchant can follow a business transaction through to reconciliation.
- 01
Business transaction
PO-44810
Order / invoice
- 02
Payment reference
PAY-2026-0781
Links to PO-44810
- 03
Processing record
PRC-2026-0781
Links to PAY-2026-0781
- 04
Settlement reference
STL-2026-0142
Includes PRC-2026-0781
- 05
Reconciliation record
REC-2026-0142
Matches STL-2026-0142
Illustrative example. Conceptual traceability only; not an accounting or regulatory guarantee.
Designed around approved settlement arrangements.
Settlement characteristics may depend on the merchant's approved configuration and the applicable infrastructure.
- Settlement destination
- Where eligible settlement is directed according to the applicable arrangement.
- Settlement instructions
- Configuration associated with how an eligible merchant receives settlement.
- Settlement records
- Information connecting processed payments with settlement activity.
- Operational controls
- Controls associated with appropriate settlement workflows.
Digital payment in. Commercial settlement out.
For eligible digital asset payment flows, First Digital Pay's intended model connects the incoming payment with processing, required controls and applicable conversion or settlement infrastructure so that the merchant can receive settlement according to its approved arrangement.
- 01Digital Asset Payment
- 02FDP Processing
- 03Required Controls
- 04Applicable Conversion / Settlement Infrastructure
- 05Merchant Settlement
Settlement should not end with a number in an account.
Businesses also need records that help explain which payments contributed to a settlement and how that settlement relates to their commercial activity.
Explore reporting & reconciliation- 01Payment references
- 02Settlement references
- 03Related transactions
- 04Status history
- 05Reporting records
Greater visibility for more complex payment operations.
Enterprise organizations may require additional operational controls, approvals, reporting and integration around settlement workflows.
Settlement principles.
- 01
Visibility
Understand settlement status.
- 02
Traceability
Connect payment and settlement references.
- 03
Control
Support appropriate operational workflows.
- 04
Reconciliation
Maintain useful records connecting settlement with underlying payments.
Build settlement around your payment operations.
Tell us how your business receives payments today and what you require from settlement, reporting and integration.
Availability varies by product, jurisdiction, configuration and eligibility.