Settlement & Reconciliation
Know what came in, what settled, and what needs attention
PayIsland gives finance and operations teams clearer visibility into payment activity, settlement cycles, report exports, and audit workflows.
Eliminate Manual Spreadsheets
Replace manual bank statement matching with automated reconciliation logs mapped to checkout references.
Settlement Status logs
Track exactly when incoming collections are cleared and scheduled for transfer to your corporate bank account.
Flexible Exports
Download detailed CSV or Excel files containing transaction IDs, timestamps, payer details, and channel attributes.
Auditable Logs
Complete historical payment records designed to align with corporate audit requirements and tax disclosures.
Risk Monitoring
Instantly flag failed charges, chargebacks, and refund statuses to keep accounts perfectly balanced.
Reconciliation built for finance and audit
Bursary units, accounting teams, and business owners use PayIsland to close financial books quickly at the end of the month.
Standard Settlement Cycles
Local card transactions are settled on a standard T+1 cycle (next business day). Bank transfer payments are settled on a T+0 or T+1 schedule depending on configuration rules. International payments settle in T+7 days.
Looking to coordinate payments and transfers?
Route virtual account transfers via Bank Transfers, process bulk payouts via Payouts, or check settlement configurations on the Pricing Page.
Accelerate your monthly close
Discuss customized ERP integration, accounting exports, and settlement rules with our team.