Payment – Staff Settlement Account

Staff Settlement Account (SSA)

The Staff Settlement Account (SSA) is a unique benefit in the HCE Wallet function of the IPosUp app.  These Ecash bank accounts are personal Digital Wallets for staff to receive their tips or other extra funds (such as reimbursements of expenses or bonuses). The staff member has full control of their personal bank wallet and can withdraw or send the funds at anytime to anyone. The timeline shows how a transaction with a tip is made through IPosUp app. 

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Staff Settlement Account (SSA) Benefits

The Staff Settlement Account (SSA) can be found in your HCE Wallet.
PERSONAL ECASH BANK ACCOUNTS

Your staffs’ reimbursements and tips funds are stored in INR or KSH or GBP or EURO currency within the HCE Wallet.

TIPS IN YOUR PERSONAL ECASH BANK WALLET

When a customer pays by card and includes a tip, the sale and tip amounts are split into the MSA and SSA respectively.

WITHDRAW FUNDS TO YOUR BANK ACCOUNT ANY TIME

You have the ability to withdraw your Ecash funds from your personal Ecash bank account at any time into your registered bank account.

PERSONAL ACCOUNTS UPDATED EVERY HOUR

Much like the Merchant Settlement Account (MSA), funds can be viewed within the SSA within 5 minutes.

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Find out more about IPosUp app benefits

Get more information about accepting tips when using IPosUp app

When accepting payments with IPosUp App, customers have the ability to add a tip to each transaction. The tip is automatically added into the staff’s personal Ecash bank account in the HCE Wallet.

Find out more about the HCE Wallet

Every IPosUp user receives access to the HCE Wallet, which is their digital wallet for storing bank accounts and linked HCE cards. This HCE Digital Wallet is a secure way of keeping track of your bank and card transactions and statements.