Automated batching and real time reporting

This page explains how the Verofy® Move automatically sends your transactions for processing, and shows you how to access real time reporting in app/cloud. 

Batching

The Verofy® Move is set to batch after every transaction. This means your transactions are submitted to the bank straight away, and you don't need to rely on running a report at the end of each day to make sure this happens. 

What is the cut off for funds being settled? 

If you have our Verofy® Faster Settlements service, any transactions you take up to 11:59PM (GMT) will be settled to you the following working day (Friday, Saturday and Sundays transactions are settled on the Monday). 

If you don't have our Verofy® Faster Settlements service, any transactions you take up to 11:59PM (GMT) will be settled as follows:
Monday - settled on Wednesday
Tuesday - settled on Thursday 
Wednesday - settled on Friday 
Thursday - settled on Saturday 
Friday & Saturday - settled on Monday
Sunday - settled on Tuesday 

If you do wish to run a manual report on your terminal, click here to find out how to run an end of day report (Z-report).