With Settle Send, you can send money instantly to any valid phone number in any country where Settle is available. You can use Settle Send as an option to pay salary or bonus to employees, instant cashback to customers or any other kind of simple payout.
Settle Send is available upon request and requires you to have a positive balance. Contact support@settle.eu to request access. Once you have access to Settle Send, follow the steps in this article on How to add money (top-up) to a Settle Merchant Account?
The money is sent through the Business portal. You can add one or multiple recipients (up to 100), set the payout amount and add a description. The payment will be delivered to the mobile number(s) in seconds.
Payment requests can be sent to any Settle user within or outside the business’ jurisdiction. The receiver must enrol to receive the funds and verify their identity if the sending amount is above the set limits.