Settlement refers to all the credit transactions Lendsqr has received on your behalf. It is the inflow that comes in through the various payment channels on your app (USSD, Card, Bank transfer to virtual accounts, etc). 

All inflows we receive will eventually be settled to you on a T+1 basis every business day. What this means is that you get settled one day after the transaction date. In other words, T+1 settlement means that the settlement of an inflow occurs one business day after. Transactions that occur over the weekend and public holidays are settled on the next business day.

You can view your daily settlements on the Lendsqr admin console by using the “Settlement Transactions” report on the “Reports” tab under the back office section of the side navigation. This shows all the settlements for various days. You can also use the Settlement Transactions to see each transaction you are being settled for.