Auto-settlement allows you to bypass the need to settle payments manually once they have been locked by the receiving institution.

Payment authorization

Activating the Auto-settlement feature will automatically deactivate the Payment authorization feature, since manual authorization occurs prior to settlement.

Activating auto-settlement

To activate auto-settlement:

  1. In RippleNet Home , click the Settings tab.
  2. Click Payment settings .

Payment settings

  1. On the Auto-settlement panel, turn on the Activate switch.

Activate auto-settlement

  1. In the Activate Auto-settlement? modal, click Activate .

Confirm activation

  1. 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.