Settlement

NIUM provides a daily settlement file in the shared folder [SFTP] to you for settlement purposes. This file will be PGP encrypted using your public key.

You will receive details of:

  • SFTP folder, host, and path where the file will reside.
  • Username and password to connect to SFTP

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NOTE

Subscribing to the settlement file is completely optional for clients who have chosen the Extended Authorization (EA) Model, while mandatory for clients who have chosen the Remote Host Authorization Model (RHA) model