πŸ”‚Network Instant Global Settlement

Merchant Settlement

To solve for Merchant Settlement, assuming that the merchant receives the total merchant volume minus 3%, known as the Merchant Settlement, we can use the following formula:

$MS = MV - (MV \cdot 0.03)$

Where:

  • MS = Merchant Settlement

  • MV = Merchant Volume

Therefore, the Merchant Settlement is:

$MS = 40,000,000 - (40,000,000 \cdot 0.03) = 38,800,000$

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