How to add or edit the automatic settlement time

Converge will automatically settle open batches at the autosettle time. To turn automatic settlements on or edit your current auto settlement time, complete the following:

1. Log into the Converge Virtual Merchant.

2. Click Settings > System Setup.

3. Under Processing Options, select Auto Settlement.

4. Select the appropriate time.

Note: If you want to receive a next day deposit, your batch must be settled by 10:00pm ET. For this reason, it is recommended that you set the time to 9:00pm ET to make sure that the batch is settled in time.

5. Click Save.