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Instant settlement is here

July 28, 2026 · 3 min read

Settlement has historically been the slowest part of accepting payments in African markets — batch files, banking-hour cutoffs, and multi-day holds that starve growing businesses of working capital.

Starting this week, mobile money and bank transfer charges settle to your Mereb balance the moment the underlying payment clears, instead of on the next daily batch. Card payments follow the same rolling settlement schedule as before, with same-day settlement available on request for Enterprise plans.

No changes are required on your end — this is purely an infrastructure upgrade to how we clear funds internally. If you're relying on settlement timing in your own reconciliation logic, check the updated webhook timestamps in the Mereb Hub.