Paystack Settlements

The Settlements API lets you track payouts from Paystack to your bank account.

Depends on: paystack-setup for the paystackRequest helper.

Endpoints

Settlement Statuses

List Settlements

// All successful settlements
const settlements = await paystackRequest(
  "/settlement?status=success&from=2024-01-01&to=2024-01-31"
);

// settlements.data[0]:
// {
//   id: 3090024,
//   status: "success",
//   currency: "NGN",
//   total_amount: 995,       // Amount settled (subunits)
//   effective_amount: 995,   // Amount after deductions
//   total_fees: 5,           // Paystack fees
//   total_processed: 1000,   // Gross transaction amount
//   settlement_date: "2022-11-09T00:00:00.000Z"
// }

// Main account settlements only (exclude subaccounts)
await paystackRequest("/settlement?subaccount=none");

// Specific subaccount settlements
await paystackRequest("/settlement?subaccount=ACCT_6uujpqtzmnufzkw");

List Settlement Transactions

Get the individual transactions that make up a settlement:

const txs = await paystackRequest(
  `/settlement/${settlementId}/transactions?perPage=50&page=1`
);

// txs.data[0]:
// {
//   id: 2067030515,       // Store as unsigned 64-bit integer
//   status: "success",
//   reference: "da8ed5u8sz6yn95",
//   amount: 10000,
//   channel: "card",
//   currency: "NGN",
//   paid_at: "2022-09-01T10:36:37.000Z"
// }

Important: Transaction IDs should be stored as unsigned 64-bit integers.

Reconciliation Pattern

async function reconcileSettlements(from: string, to: string) {
  const settlements = await paystackRequest(
    `/settlement?status=success&from=${from}&to=${to}`
  );

  for (const settlement of settlements.data) {
    const txs = await paystackRequest(
      `/settlement/${settlement.id}/transactions`
    );

    console.log(
      `Settlement #${settlement.id}: ` +
      `₦${(settlement.total_processed / 100).toFixed(2)} gross → ` +
      `₦${(settlement.effective_amount / 100).toFixed(2)} net ` +
      `(${txs.data.length} transactions)`
    );
  }
}