​
Event Overview

Event Type: PAYMENT_SETTLED
Category: Settlement
Description: Settlement to merchant has been completed

This webhook is triggered when funds are successfully transferred to the merchant’s account.

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Payload Schema

{
    "event_type": "PAYMENT_SETTLED",
    "event_time": "2024-02-15 16:53:15",
    "version": "1.0",
    "sequence_number": "a3791670-7c5d-4a86-aa7a-fe35e58a9dbb",
    "data": {
        "settlements": [
            {
                "settlement_id": "ST8174378817",
                "settlement_utr": "ST8174378817",
                "settlement_done_at": "2025-06-20T19:22:54.734256Z",
                "forex_rate": 86,
                "settlement_amount": 1952.8
            }
        ]
    }
}

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Field Specifications

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event_type
string
required

Always "PAYMENT_SETTLED" for this webhook event

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event_time
string
required

Timestamp when the event occurred in YYYY-MM-DD HH:MM:SS format

Example: "2024-02-15 16:53:15"

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version
string
required

Webhook payload version (currently “1.0”)

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sequence_number
string
required

Unique identifier for the event instance

Example: "a3791670-7c5d-4a86-aa7a-fe35e58a9dbb"

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data
object
required

Event-specific data payload containing settlement details