Category: Clover → Transactions and Settlement
What Is Batch Settlement?
Batch settlement is the process of submitting your approved payment transactions for processing and funding.
Many Clover systems automatically settle transactions according to the merchant's configured schedule.
Other configurations may offer manual closeout options.
Does Clover Automatically Close Batches?
Many Clover merchant accounts use automatic settlement.
If automatic settlement is enabled, you generally do not need to manually close your batch every day.
Your settlement schedule depends on your merchant account and processor configuration.
How to Check Your Settlement
Open your Clover payment or reporting application.
Navigate to Transactions, Reports, or the available closeout section.
Locate the transactions for the business date.
Review whether the transactions are pending, authorized, or settled.
Confirm the batch or settlement status using the available report.
Menu names and functions vary between Clover applications.
What If My Clover Has a Manual Closeout Option?
If your Clover software provides an authorized manual settlement function:
Confirm that all expected transactions are included.
Review the amount shown.
Select the available Closeout, Close Batch, or Settle option.
Follow the on-screen instructions.
Verify that settlement was successful.
Do not perform an additional manual closeout if your account already settles automatically unless instructed by support.
What If My Batch Is Not Settling?
Check the following:
Does the terminal have internet access?
Are transactions still appearing as pending?
Is automatic settlement configured?
Is the batch showing an error?
Has the configured settlement time passed?
If the issue continues, contact Verova Payments.
Important
Closing a batch does not guarantee that funds will arrive immediately.
Funding depends on your merchant account's settlement cutoff, processor, funding arrangement, and bank.
Need Assistance?
Verova Payments Support
(833) 925-6999 — Option 2
Verova Payments | Merchant Help Center