The minimum settlement payment amount (MPA) is the minimum amount from the cumulative amount from transactions required in one day for a settlement to be made the following working day. This is currently set at the equivalent of 15 EUR in your currency. SaltPay reserves the right to change the MPA.
What if my daily transaction value falls below the MPA?
Don’t worry! If your daily transaction value falls below the MPA, taking into account the daily exchange rate, your settlement payment will be postponed until the next business day when your transaction value exceeds the MPA. You can find out more about the MPA in Section 18, Terms and Conditions.
What will my daily settlement report show?
When this happens, your Daily Settlement Report will still show your daily settlement amount, but the settlement will be paid the next working day your transaction value exceeds the MPA.
Please reach out to us if you want further explanations. We’re here for you!