Guides/Settlement

Settlement

Understand how and when funds reach your account

Two Settlement Options

Hedge Payments offers two settlement methods: USDC for instant settlement on the Solana blockchain, and USD for traditional bank settlement via ACH. You can configure your preferred method per merchant account.

Settlement Types

Feature	USDC (Solana)	USD (ACH)
Settlement Speed	Instant (seconds)	3 business days
Settlement Fee	0.5%	0.25%
Currency	USDC (stablecoin)	US Dollars
Destination	Solana wallet address	Bank account (routing + account number)
Minimum Payout	$1.00	$25.00
Availability	24/7/365	Business days only

Settlement Timeline

USDC Settlement Flow

Payment Confirmed

Customer payment is successfully processed

USDC Converted

USD is converted to USDC at 1:1 peg (minus settlement fee)

Instant Transfer

USDC is sent to your Solana wallet within seconds

USD Settlement Flow

Payment Confirmed

Customer payment is successfully processed

Funds Held

Funds are held in your Hedge Payments balance (1-2 business days)

ACH Initiated

ACH transfer is initiated to your bank account

Bank Deposit

Funds arrive in your bank account (total: ~3 business days)

Configure Settlement

Set the settlement method per merchant via the API or dashboard:

Node.js

// Configure USDC settlement
await hedge.merchants.update('merch_abc123', {
  settlement: {
    method: 'usdc',
    solana_wallet: 'YourSolanaWalletAddressHere',
    auto_settle: true  // Settle after every transaction
  }
})

// Configure USD (ACH) settlement
await hedge.merchants.update('merch_abc123', {
  settlement: {
    method: 'usd',
    bank_account: {
      routing_number: '021000021',
      account_number: '123456789',
      account_type: 'checking'
    },
    schedule: 'daily'  // Options: 'daily', 'weekly', 'manual'
  }
})

cURL

curl -X PATCH https://api.hedgepayments.com/v1/merchants/merch_abc123 \
  -H "Authorization: Bearer sk_live_your_api_key" \
  -H "Content-Type: application/json" \
  -d '{
    "settlement": {
      "method": "usdc",
      "solana_wallet": "YourSolanaWalletAddressHere",
      "auto_settle": true
    }
  }'

Fee Comparison

Here is how settlement fees compare for a $1,000 payment:

Component	USDC Settlement	USD Settlement
Payment processing	2.9% + $0.30 = $29.30	2.9% + $0.30 = $29.30
Settlement fee	0.5% = $5.00	0.25% = $2.50
Total fees	$34.30	$31.80
You receive	$965.70 USDC	$968.20 USD

When to Use Each

Choose USDC When

You need immediate access to funds
You operate on weekends or holidays
You want to avoid banking delays
You already use crypto for operations
You pay international suppliers in stablecoins

Choose USD When

You prefer traditional banking
Lower settlement fees matter most
3-day settlement is acceptable
You want funds directly in your bank
Your accounting is purely USD-based

You can switch settlement methods at any time. Changes take effect on the next settlement cycle. In-progress settlements will complete using the previous method.