is a bookkeeping  of a  and transfer of  funds from financial institutions ( or ) to an individual or company (Merchant). In its practice, there are 2 types of  models; Facilitator and Aggregator. 



On   Facilitator type,  fund will go directly to    account after the  finishes. In this scenario,  will represent  to perform bookkeeping for successful transactions and reconciliation processes with  to validate data, cutting its  fee and   fee as   gateway.



On   Aggregator type,  will perform fund  through    account after the  is done. In this scenario,  will represent  in   , including cutting  fees from  and related Banks. Merchants will receive some  funds amount that has already been cut from  on their chosen  account.



 time usually differs from one institution to another. It depends on the used  method, , and  or . Here is the difference in  time for each .



Same Day  or also called SDS is a  latest innovation feature to meet your needs in getting funds from  with relatively fast time, which is D+0.



Cut off is a  of time  record from  which will be stop or pending.