Documentation Index
Fetch the complete documentation index at: https://telr-docs.cashfree.com/llms.txt
Use this file to discover all available pages before exploring further.
What are settlements?
What are settlements?
Settlements refer to the process of transferring funds to your (merchant) bank account after aggregating the transaction amount and deducting our applicable charges and adjustments (Refunds, Chargebacks, etc).Read more about this
Different types of settlements:
Different types of settlements:
- Standard settlements (Default)- Standard settlements follow a T+2 settlement cycle, where T is the transaction date.
- Instant settlements- Instant Settlements enable you to access your funds within 15 minutes, significantly faster than the standard T+2 settlement cycle.
- On-Demand settlements- On-demand settlements allow instant fund transfers to your bank 24x7, including holidays, for a small fee. Activation is required, as the default cycle is T+2 days.
How do I check settlements in my bank account?
How do I check settlements in my bank account?
Each settlement includes a Unique Transaction Reference (UTR) provided by our banking partners. You can view this number in the settlement section by clicking on a specific settlement ID. Additionally, Settlement Reports can be downloaded from the Reports section to access the UTR, which serves as a unique reference across banks for tracking specific settlements in your bank account.
The status of my settlement shows as failed on the Dashboard. What do I do?
The status of my settlement shows as failed on the Dashboard. What do I do?
Based on the settlement’s failure reason, take the corrective actions and this will get settled in the next settlement cycle.
How are settlements processed?
How are settlements processed?
Telr offers you the fastest settlement cycle. By default the settlement cycle will be T+2* days, which means a payment captured on Monday, will be credited to your account on Wednesday i.e three working days. Please note: The settlements are not processed on banking holidays. You can refer to the RBI’s bank holiday list here.Note :Settlement cycle is subject to bank approval and can vary based on transaction type, business category/model, risk parameters and other factors.