Settlement API
Learn about Lithic's settlement reporting suite
The Settlement API is an Enterprise product available in production only. Please contact [email protected] if you are interested in using our settlement reporting.
What is a "complete" Settlement Summary?
Settlement Summaries update over time to account for new data delivered by the card networks. When the is_complete flag on a Settlement Summary is false, additional updates are expected for the given report date. When the is_complete flag is true, all data for a given report date has been reconciled and is accounted for in the Settlement Summary.
The optimal time to pull settlement data is once daily when you receive the is_complete flag set to true. This ensures you're retrieving the most comprehensive and finalized dataset for that settlement date.
A Network Total is deemed complete when all corresponding Settlement Details are available in this endpoint. This is reflected in the is_complete flag in the Network Total.
Customers can subscribe to event webhooks to receive notifications about new or modified Network Totals. When is_complete in a Network Total transitions from false to true, an event webhook of type network_total.updated will be dispatched.
Updated about 4 hours ago