Adds settlement type to Application Fee objects
What’s new
Adds the settlement_type property to Application Fee objects. This property indicates whether fees are settled on a net or gross basis.
The settlement_ property can have the following values:
net_: The fee is settled at charge timesettled gross_: The fee is settled at the end of a billing cyclesettled
Previously, there was no way to programmatically determine how fees were settled, making it difficult to reconcile payments and understand the exact settlement amounts.
Impact
You can now use the settlement_ property to:
- Distinguish between different settlement types
- Build more precise financial reporting for your platform
If you currently rely on external calculations to determine settlement amounts, you can now use this property to get the settlement type directly from the API response.