Settlement Webhooks
Learn more about webhooks triggered when a payout to merchant or vendor account happens
We broadly send two types of notifications when a payout happens.
- Payout to Merchant account
- Payout to Vendor account (if you are using Easy Split)
Settlement Webhook
This webhook is triggered whenever there is a payout to your merchant account. The settlement webhooks will notify you about instant settlements in addition to the standard settlement webhooks. We send webhooks for four different events for a settlement
.
Webhook Event | Description |
---|---|
SETTLEMENT_INITIATED | This webhook will be triggered when a settlement is initiated. |
SETTLEMENT_SUCCESS | This webhook will be triggered when a settlement is successful. |
SETTLEMENT_FAILED | This webhook will be triggered when a settlement has failed. |
SETTLEMENT_REVERSED | This webhook will be triggered when a settlement has been reversed. |
The following webhook is sent for other types of settlements as well: instant settlement or an on-demand settlement.
Vendor Settlement Webhook
These settlement webhooks automate notifications when vendor settlements are initiated, successfully processed, failed, or reversed.
Webhook Event | Description |
---|---|
VENDOR_SETTLEMENT_INITIATED | This webhook will be triggered when a vendor settlement is initiated. |
VENDOR_SETTLEMENT_SUCCESS | This webhook will be triggered when a vendor settlement is successful. |
VENDOR_SETTLEMENT_FAILED | This webhook will be triggered when a vendor settlement has failed. |
VENDOR_SETTLEMENT_REVERSED | This webhook will be triggered when a vendor settlement has been reversed. |
Transaction Wise Settlement Webhook
These TWS(Transaction Wise Settlement) webhooks are triggered when settlement are initiated, successfully processed, failed, or reversed.
Webhook Event | Description |
---|---|
TRANSACTION_WISE_SETTLEMENT_INITIATED | This webhook will be triggered when a TWS is initiated. |
TRANSACTION_WISE_SETTLEMENT_SUCCESS | This webhook will be triggered when a TWS is successful. |
TRANSACTION_WISE_SETTLEMENT_FAILED | This webhook will be triggered when a TWS has failed. |
TRANSACTION_WISE_SETTLEMENT_REVERSED | This webhook will be triggered when a TWS has been reversed. |
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