Payment Glossary: 70+ Payment Terms and Definitions for 2026
Understand the language behind payments, approvals, and smart retries.
Learn our 70+ terms
Understand the language behind payments, approvals, and smart retries.
Settlement is the stage where approved card payments actually reach the merchant. For payment teams, it shapes cash flow timing, reconciliation, and visibility into funding issues.
Settlementpayment settlement, funding, clearing and settlement