> For the complete documentation index, see [llms.txt](https://wallee.gitbook.io/documentation/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://wallee.gitbook.io/documentation/wallee-join/settlement-and-payouts.md).

# Settlement & Payouts

This page explains how money flows in wallee join: how a single transaction is split between wallee, the partner and the merchant, and how those splits are settled and paid out.

> Settlement-based partner earnings apply to the **join platform (ISV)** model. In the join account (Affiliate) model the merchant pays wallee directly and your reward is handled commercially (bounty, revenue share or recurring fee) as defined in your contract.

## From transaction to allocation

Every transaction processed by one of your merchants is split into **allocations** — the shares that belong to each participant:

1. **Merchant net amount** — the transaction amount minus all fees.
2. **Partner allocation** — your margin: the difference between the sell rate (what the merchant pays) and the buy rate (what you pay wallee).
3. **wallee allocation** — wallee's fee, computed from your buy rate.

Acquirer and payment-method costs are part of the fee structure defined in the pricing profiles.

### **Illustrative example**

A merchant you onboarded sells an item for **CHF 100.00** (figures are illustrative — your actual rates are defined in your pricing profiles):

| Participant       | Share                                  |
| ----------------- | -------------------------------------- |
| Acquirer & scheme | CHF 2.80                               |
| Partner (you)     | CHF 0.55 (sell rate − buy rate margin) |
| wallee            | CHF 0.05                               |
| **Merchant net**  | **CHF 96.60**                          |

## From allocation to settlement

Individual transactions are gathered into a **settlement period** — usually one day. At the end of the period, all allocations are summed up per participant and settled:

* The **merchant** sees a new entry on their **Balance** page for the settled net amount, followed by the payout to their bank account according to their payout schedule.
* The **partner** receives the accumulated margin across all their merchants' transactions.
* **wallee** retains its fees.

### Where to see it

* **Merchants** — Balance page in their portal (or sub-account): one entry per settlement, plus payout records.
* **Partners** — join dashboard and Balance view of the partner account: settled margins across all merchants, with consolidated reporting.

## Reconciliation

Settlements are numbered, so every payout can be traced back to the settlement period and the underlying transactions. For automated reconciliation, retrieve transaction and settlement data via the [Web Service API](https://app-wallee.com/doc/api/web-service) or subscribe to [webhooks](https://app-wallee.com/en-us/doc/webhooks) for settlement events.