Kredivo settles directly to Merchant’s bank account; Xendit is not involved in the settlement process.
Tuesdays for Thu 00:00 - Sun 23:59 sales
Fridays for Mon 00:00 - Wed 23:59 sales
Fees will be deducted by Kredivo upon settlement to Merchant’s bank account
BillEase settles to Xendit; Xendit reconciles and settles the amount to Merchant’s Xendit dashboard.
T+5 business days reflected in cash balance in Dashboard. Available balance can be withdrawn anytime.
Fees and VAT will be deducted upon settlement to available balance