Settlement in crypto payment processing works differently from card-based processing because there is no acquiring bank or card network intermediary holding funds between the transaction and the merchant's account. Once a blockchain transaction is confirmed, the payment is settled. The merchant receives funds according to the settlement structure configured during the integration, whether that means receiving crypto directly into a designated wallet or converting through a settlement partner.
27 Blockchain configures the settlement and reporting layer as part of the e-commerce crypto payment processing integration. Transaction records, confirmation data, and settlement details are accessible through the merchant's dashboard and can be reconciled against order data from the e-commerce platform. For merchants accustomed to traditional payment reporting, the reconciliation format is structured to map to familiar financial workflows so the merchant is not left interpreting raw blockchain data.
