πNetwork 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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