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Settlement

Manage VAN and PG sales, deposits and settlements easily and accurately.

How much, when and where it lands. Settlement should be clear at a glance.

VAN Unified Settlement

Even with several card companies, you check sales and deposits in one place: KIS Semplus. Tap the five questions owners ask every day. Available on web and app.

Star CaféMunjeong
Sales · Wed, Oct 29₩ 1,284,500Cards + cash receipts · 142 payments
  • Credit₩ 956,000
  • Debit₩ 213,500
  • Cash receipt₩ 115,000
Arriving tomorrow₩ 1,152,300Card sales ₩ 1,169,500 − fees ₩ 17,200
  • 10.30ThuCard A · Card B₩ 1,152,300
  • 10.31FriCard C₩ 486,000
  • 11.03MonCard D · Card E₩ 731,400

Each card company pays on a different day, so deposits are grouped by date.

Deposit check · Oct week 41 missingPast the expected date but not yet received
  • 10.24Card A₩ 1,120,000Paid
  • 10.25Card B₩ 385,000Missing
  • 10.25Card D₩ 902,500Paid
Total sales today₩ 8,462,000HQ accounts see every branch; branch accounts see only their own store
  • HQ₩ 3,410,000
  • Munjeong₩ 2,796,000
  • Jamsil₩ 2,256,000
Today by hour

PG Settlement System

Our own back office shows transactions, cancellations and expected settlements by payment method on one screen. Try the menu on the left.

  • Transaction lookup by payment method
  • Cancellations and partial cancellations
  • Expected settlements and deposit history
  • Data from multiple payment services gathered on one web page
Merchant Management SystemStar Shop
Payments today1,284
Today's sales₩ 18,420,500
Expected settlement (D+1)₩ 17,912,300
  • Credit card 58%
  • Easy Pay 24%
  • Mobile billing 12%
  • Other 6%
TimeMethodAmountStatus
14:32Credit card₩ 59,000Approved
14:29KakaoPay₩ 27,400Approved
14:21Mobile billing₩ 12,900Approved
14:08Credit card₩ 88,000Partial cancel
13:55Naver Pay₩ 33,000Approved
10.27 (Mon)₩ 3,420,000Deposited
10.28 (Tue)₩ 2,615,500Deposited
10.29 (Wed)₩ 4,480,000Today
10.30 (Thu)₩ 3,012,000Scheduled

Prepaid e-payment settlement

Charged funds are held separately and settled exactly as used. Press the buttons to follow the money.

Customer funds

Charge
0
Used for payments
0
Refund
0
Remaining funds
0
Held separately0
Merchant payout due0Paid the next business day
  • Prepaid meansCard · app issuing, charge limits
  • TransactionsMerchants · payments · settlement
  • Data protectionEncryption · fraud detection
  • Customer fundsDeposits · reconciliation · reports

Payment Flow

A payment travels twice: approval, which takes seconds, and settlement, when the money arrives days later. Switch between VAN and PG.

MerchantStore · Online seller
VAN companyStar PaymentsPayment relayProcessing · Settlement
Card companiesA · B · C …
① Approval seconds
② Settlement D+2–4 · per card companyD+1–3 · all at once ABC₩
With VAN, you deal with card companies directly.

The VAN company relays the approval, and each card company pays on its own schedule. You need a contract with each card company.

With PG, Star Payments handles it all at once.

Star Payments handles everything from approval to settlement, collecting funds from all card companies and paying you in one deposit in D+1–3 business days. One contract is all it takes.

VAN vs PG

Here is what differs, one line per item.

VANPG · Prepaid
Contract

A contract with each card company

One PG contract for many payment methods

Settlement

Separate deposits per card companyD+2–4 days, varies by company

One deposit from Star PaymentsD+1–3 business days

Fees

Card company rates apply

Same as card company rates, or negotiable

Sales management

Check each card company yourself

See everything in one management system

Tax

Fee input VAT not deductible

Deductible via monthly fee tax invoices

Collateral

Collateral to each card company

Collateral to HQ only

Payment methods

Payment relay only

Manual entry · Easy pay · Global · Recurring

Interest-free installments

PG payments come with card-specific interest-free and partial (shared) interest-free installments. Try changing the amount and term.

Plan
Months
Monthly principal₩ 400,000
Fee paid by customerKRW 0

Fee-free monthsCustomer-paid months

Eligible terms and conditions for each card are announced in Notices on the 1st of every month.

See this month's interest-free installments

Start with a consultation

Customer Center 1551-6541 · Weekdays 09:00 – 18:00 (KST)

Contact SalesSee onboarding stepsCompany profile (PDF)