Settlement Processed
Handy Tips
- The
settlement.processedevent is triggered after Razorpay has successfully transferred funds to your bank account. - The settlement payload includes key financial details such as the settlement amount, fees deducted, applicable tax, UTR (Unique Transaction Reference) and the settlement period.
- Use UTR to reconcile settlement funds received from Razorpay against your bank statement.
- Settlement amounts are always provided in the smallest currency unit (for example, paise for INR, cents for USD).