When a settlement is approved, Finix will notify you with a webhook. Each approved settlement contains a Funding Transfer (TR) that corresponds to a deposit in the merchant’s account.
The webhook you receive details the state change in the Funding Transfer.
For sellers on Flex, Finix manages and approves settlements.
Example of a Funding Transfer
{
"_embedded": {
"transfers": [
{
"id": "TR34zjBBxXnT1mNDWvTq8usW",
"amount": 54919,
"tags": {},
"state": "SUCCEEDED",
"trace_id": "ea085f9d-2b9a-4388-8ff9-e4f5112a26f1",
"currency": "USD",
"application": "APiwqrQ7wxQQ6AgJtKz8ibC7",
"source": "PI66ubeZmbbV93ES6DXCqfsC",
"destination": null,
"ready_to_settle_at": "2020-05-27T04:00:00.00Z",
"externally_funded": "UNKNOWN",
"fee": 0,
"statement_descriptor": null,
"type": "DEBIT",
"messages": [],
"raw": null,
"created_at": "2020-02-18T22:35:06.42Z",
"updated_at": "2020-02-18T22:36:12.09Z",
"idempotency_id": null,
"merchant" : "MUeDVrf2ahuKc9Eg5TeZugvs",
"merchant_identity": "IDrE9ezGKCZhFN7NCigZ3TbC",
"subtype": "SETTLEMENT_MERCHANT",
"_links": {
"application": {
"href": "https://finix.sandbox-payments-api.com/applications/APiwqrQ7wxQQ6AgJtKz8ibC7"
},
"self": {
"href": "https://finix.sandbox-payments-api.com/transfers/TR34zjBBxXnT1mNDWvTq8usW"
},
"merchant_identity": {
"href": "https://finix.sandbox-payments-api.com/identities/IDrE9ezGKCZhFN7NCigZ3TbC"
},
"payment_instruments": {
"href": "https://finix.sandbox-payments-api.com/transfers/TR34zjBBxXnT1mNDWvTq8usW/payment_instruments"
},
"reversals": {
"href": "https://finix.sandbox-payments-api.com/transfers/TR34zjBBxXnT1mNDWvTq8usW/reversals"
},
"fees": {
"href": "https://finix.sandbox-payments-api.com/transfers/TR34zjBBxXnT1mNDWvTq8usW/fees"
},
"disputes": {
"href": "https://finix.sandbox-payments-api.com/transfers/TR34zjBBxXnT1mNDWvTq8usW/disputes"
},
"source": {
"href": "https://finix.sandbox-payments-api.com/payment_instruments/PI66ubeZmbbV93ES6DXCqfsC"
}
}
},
]
},
"_links": {
"self": {
"href": "https://finix.sandbox-payments-api.com/settlements/STsBXhy8shZtyif935DL2s2q/funding_transfers/?offset=0&limit=20&sort=created_at,desc&sort=id,desc"
}
},
"page": {
"offset": 0,
"limit": 20,
"count": 2
}
}Estimated Funds
When a Funding Transfer gets sent, your seller will receive the deposit one business day after it is approved (As long as the Funding Transfer is submitted for approval before 4 PM PT on a business day).
| Day the Funding Transfer is created (Before 4 PM PT) | Estimated day funds will deposit in the merchant’s account |
|---|---|
| Monday | Tuesday |
| Tuesday | Wednesday |
| Wednesday | Thursday |
| Thursday | Friday |
| Friday | Monday |
| Saturday | Tuesday |
| Sunday | Tuesday |
| Monday | Tuesday |
Unsuccessful Funds
If the Funding Transfer isn't successful, the state of the transfer will move to Failed. For more information, see Managing Failed Payouts.