A method of payment wherein the settlement is deferred until the merchandiser has shipped the goods to the customer. The authorized transaction is stored online and the seller can access the payment only when he has sent the goods to the buyer
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Definition of delayed settlement processing: A method of payment wherein the settlement is deferred until the merchandiser has shipped the goods to the ...
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Delayed settlements is one of the terms used to identify those settlements that are authorized but are yet to be shipped to its destination.
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Delayed Settlement Processing : Once a transaction has been authorized, the merchant must ship the hard goods before a transaction can be settled. Delayed ...
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