A settlement cutover done on your EFTPOS machine “tells” the bank that your business is done trading for that day. This can only be performed once per day.
Follow the steps below to perform a manual settlement cutover:
1. From the basic menu, press 1 for “MERCHANT“
2. Press 2 for “ADMIN“
3. Press 2 to perform the cutover.
If you want to check the running total without performing the cutover, you can run a “settlement inquiry” by following the steps below:
1. From the basic menu, press 1 for “MERCHANT”
2. Press 2 for “ADMIN“
3. Press 3 for “SETTLEMENT INQUIRY” and enter the date (the terminal will save the last 7 days of transactions in its memory).
If you wish to perform regular settlement cutovers manually, we recommend doing this at the same time every day such as at close of business trading. For settlements not performed manually, Worldline will automatically do the cutover at midnight.
If you wish to set a settlement cutover window at a certain time, you can contact Worldline on 0800 729 627 to set this up for you.