OCT Settlement Split

Overview

The OCT Settlement Split feature allows merchants processing OCT (Original Credit Transaction) payouts through Paynetics to automatically allocate a configurable percentage of their acquiring settlement to their OCT funding account.

This functionality helps simplify OCT liquidity management by reducing the need for manual account top-ups and ensuring funds are regularly transferred to the OCT account as part of the settlement process.

The remaining settlement amount continues to be paid to the merchant's standard settlement account.

The feature is configured independently for each currency and applies only to OCT accounts in the same currency.

How It Works

During each settlement cycle:

1. Paynetics calculates the merchant's net settlement amount after fees, reserves, and adjustments.

2. The configured split percentage is applied to the net settlement amount.

3. The calculated amount is automatically transferred to the OCT funding account.

4. The remaining amount is transferred to the merchant's settlement account.

Example

OCT split per Currency

The OCT Settlement Split is configured separately for each currency.

For example:

Each settlement currency can fund only an OCT account in the same currency.

Cross-currency allocation and foreign exchange conversion are not supported.

Configuring the OCT Split Percentage

The OCT Split Percentage can be configured directly through the Partner Portal.

To configure a split percentage:

1. Open the relevant account (for example EUR or GBP).

2. Select the Split icon.

3. Enter the desired percentage.

4. Confirm the configuration.

The configuration can be updated at any time and historical changes remain available through the Split History view.

Configuration Requirements

To configure an OCT Settlement Split:

• An active OCT account must exist for the selected currency.

• The user must have the required Partner Portal permissions.

Supported Values

• Percentage values between 0% and 100%

• Decimal values are supported

• Up to 2 decimal places may be entered

Examples:

• 12.50%

• 27.75%

• 33.33%

Setting the value to 0% disables the OCT Settlement Split for that currency.

When Changes Become Effective

Changes are not applied immediately.

Any new or updated configuration becomes effective from the next settlement cycle.

Settlements that have already been calculated or are currently being processed are not affected.

OCT Account Funding Responsibility

The OCT Settlement Split functionality is designed to automate funding of the OCT account by redirecting a configurable percentage of the merchant's acquiring settlement to the OCT account.

The configured split percentage should be determined by the merchant based on expected OCT transaction volumes, settlement frequency, and liquidity requirements.

While the functionality helps reduce the need for manual top-ups, merchants remain responsible for monitoring their OCT account balances and ensuring sufficient funds are available to support expected payout activity.

Additional manual funding may be required in situations where:

• OCT transaction volumes exceed the amount generated through the configured split percentage;

• acquiring settlement volumes are lower than expected;

• there is no acquiring settlement available during a settlement cycle;

• increased payout activity is anticipated, such as during weekends, promotional campaigns, seasonal peaks, or special events.

If the OCT account balance becomes insufficient, OCT payout transactions may be declined until additional funds are made available.

Merchants are therefore encouraged to regularly review OCT account balances and transaction activity and, where necessary:

• adjust the configured split percentage; and/or

• perform additional manual top-ups to the OCT account.

The OCT Settlement Split functionality is intended to simplify OCT account funding and liquidity management but does not replace the merchant's responsibility to maintain sufficient funds for payout processing.

OCT Account Balance and Transaction History

Existing OCT account functionality remains unchanged.

Automatic settlement funding transfers will appear as credit transactions in the OCT account transaction history.

Merchants can continue to monitor:

• OCT account balances

• Transaction history

• Funding activity

• Settlement-related transfers

Settlement Reporting

Settlement reports include additional information related to the OCT Settlement Split.

The following fields are available:

If no OCT Settlement Split is configured, these fields may not be displayed.

Security and Audit Logging

All configuration changes are protected by existing Partner Portal security controls, including:

• Two-Factor Authentication (2FA)

• OTP Authentication

• Role-Based Access Controls

Configuration changes are fully audit logged, including:

• User performing the action

• Timestamp

• Previous and new values

• IP address

• Browser and device information

Frequently Asked Questions

Can I configure different percentages for different currencies?

Yes. Each currency is configured independently.

Can I disable the functionality?

Yes. Setting the split percentage to 0% disables the OCT Settlement Split for the selected currency.

When do configuration changes become active?

Changes become effective from the next settlement cycle.

What happens if I do not configure a split percentage?

The full settlement amount will continue to be transferred to your standard settlement account.

Can OCT payouts still fail if I have a split percentage configured?

Yes. The configured split percentage helps automate funding of the OCT account but does not guarantee that sufficient funds will always be available. Merchants remain responsible for monitoring balances and maintaining adequate funding levels.

Support

For assistance with OCT Settlement Split configuration or account access, please contact your Paynetics relationship manager or the Paynetics Support Team.