7 Get to know your terminal
Terminal ownership
Settlement
All physical equipment provided to the merchant by First Data remains the property of First Data. This can
include but is not limited to EFTPOS terminals, PIN pads, power packs, phone line cables and any additional
hardware provided at the time of installation.
You can initiate settlement manually via the
terminal menu any time before 1730 local time.
You can also congure your EFTPOS terminal to
automatically settle any time between 0001 and
1800 local time.
If you want to change your settlement terminal cut
off time to allow for longer trading hours, please
visit the merchant support page to download a
form and email your request.
If you do not complete settlement using one of
these methods, your EFTPOS terminal will prompt
you to manually settle when processing the rst
transaction after 1800 local time.
You can perform multiple settlements a day at
any time, but the rst settlement of the day (after
0301 and before 1730) will be the only settlement
processed that day. You can obtain totals for
transactions processed after the rst settlement
through the reports function on the terminal menu.