---
title: Same Day Settlements
slug: settlements/same-day-settlements
excerpt: >-
  Learn about the Pine Labs Online Same Day settlement process and how to manage
  your settlements efficiently.
hidden: false
metadata:
  title: Same Day Settlements — Instant Payout & Cash Flow | Pine Labs
  description: >-
    Receive funds on the same day with Pine Labs same-day settlement. Multiple
    daily payout batches improve cash flow for faster access to transaction
    proceeds.
  image: []
  keywords: >-
    same day settlement, instant payout, fast settlement, same day funds, cash
    flow, rapid settlement, daily payout
  robots: index
sidebar_order: 4
---
Pine Labs Online Same Day Settlement feature enables you to receive your funds on the same day the transaction occurs, rather than waiting for the typical settlement periods like T+1 or T+2. This can enhance your cash flow and give you quicker access to your money.

## Key Benefits:

1. **Faster Cash Flow**: You can receive payouts on the same day.
2. **Multiple Payout Batches**: Transactions are settled in batches throughout the day.

## Key Features:

1. **Payouts Against Transactions are Made on the Same Day**
   - Every batch processes transactions that occurred since the last batch payout.
   - Ensures timely settlement for better financial planning.
2. **Multiple Payouts Per Day**
   - **PG Merchants**: can receive multiple payouts throughout the day, up to 9 PM.

## Same Day Settlement Fee Structure

1. Premium charges apply for opting into SDS.
2. An additional fee is charged for **Same Day Settlements**, in addition to the standard **Merchant Discount Rate (MDR)**. These fees will be detailed in the **Merchant Payout Report (MPR)** under the summary section. This report is generated the following day and can be accessed on the merchant dashboard.
3. The fee is charged based on payout frequency and merchant type.

> 📘 Note:
> 
> - To enable the Same Day Settlements feature, contact our <a href="mailto:pgsupport@pinelabs.com" target="_blank">support team</a>.

<a class="hidden sm:inline-flex btn-light-green px-3.5 py-1.5 text-sm shadow-sm" href="https://plcorp.uat.pinelabs.com/doc/online-payments/settlements/faqs">FAQs</a>
