Automatic settlement

A nominated settlement time is stored in the terminal. Each day at this time the terminal will connect to the network and process a settlement automatically. A detailed receipt is printed for the merchant record. A failed settlement will print a failed settlement receipt. After each batch settlement, all following transactions belong to the next business day and will be settled with the next batch. If the terminal is not settled by the required time, a forced settlement will be generated. The settlement receipt will print automatically the next time the terminal is connected to the network. Forced settlements do not include stored transactions. These will be included in the next full settlement.