Settlement & Currency

Givex settlement service is a fast and hassle-free automated EFT or ACH service that transfers money from one bank account directly to another. Merchants may also opt for centralized or decentralized settlement depending on their needs. The settlement service allows debits and credits to be reconciled across all franchisee locations based on Givex gift card transactions. Settlement transfers occur at pre-determined intervals - monthly, quarterly or on request.

Givex offers dynamic currency conversion in most currencies. Conversion happens in real-time and uses exchange rates updated on a daily basis, making it easy for multinational companies. Your customers can purchase and redeem their gift cards in different countries without you having to worry about currency conversion or international fund settlements.