Auto-settlement allows you to bypass the need to settle payments manually once they have been locked by the receiving institution.
Activating the Auto-settlement feature will automatically deactivate the Payment authorization feature, since manual authorization occurs prior to settlement.
To activate auto-settlement:
- In RippleNet Home , click the Settings tab.
- Click Payment settings .
- On the Auto-settlement panel, turn on the Activate switch.
- In the Activate Auto-settlement? modal, click Activate .
- Auto-settlement is now activated for all payments.
To deactivate auto-settlement, follow steps 1 and 2 in the above procedure, then in step 3 move the switch to Deactivate on the Auto-settlement setting panel.