Manage wallet settlements

Transit and pass payments are deducted from customers' wallet accounts in real time. At the end of each day...

• The daily settlement and transaction reports are available.

• The payments are settled from the Rabbit Wallet Trust Account to the Rabbit Business Account with a separate payment for each transaction type. In other words:A payment for the sum of the pass paymentsAnother payment for the sum of the transit payments

The settlement report provides a summary of the settlement transactions for the day.

• Timestamp

• Source Account (Rabbit Wallet Trust Account)

• Destination Account (Rabbit Business Account)

• Transaction Type (Transit or Pass payment)

• Transaction ID

• Reference

• Amount

• Status – Completed, Pending or Requested

Managing wallet settlements

1. On the

   Youtap ​​Administration Management System

   menu, click Settlement and Reconciliation > Settlement Reports > Wallet Settlement Report.

2. To open the Report Configuration pane, on the Wallet Settlement Report page, click Config.
   IMAGE

3. Complete the following information:
   IMAGE

   Field	Description
   Report Frequency	Select Daily.
   Cut off time	Select a time. The report will include all transactions from this time on the previous day to the same time on the current day.
   Report generation time	Select the time at which you want the report to start generating.
   Settlement Method	If you want AMS to automatically generate the settlement reports, but prefer to complete the settlement manually, select Manual. If you want AMS to automate report generation and settlement, select Automatic.
   Settlement Account	Select Rabbit Biller Account.

   
   

4. Click Save.