Notification of Settlement Date Adjustment

Notification of Settlement Date Adjustment
September 28, 2021 Comments Off on Notification of Settlement Date Adjustment Notice MCTPAY

Dear Partners ; Merchants,
Due to the upcoming Mid-Autumn Festival and National Day in China, Alipay, WeChat Pay and Union Pay payment settlement date will be adjusted as follows:
Since our cooperating banks will suspend settlement services during the holiday (1st October, 2021 to 7th October, 2021 Beijing time), transactions made from 30th September, 2021 to 7th October, 2021 will be settled on 8th October, 2021 Beijing time, with the actual receiving date being postponed accordingly as well.

Also please be noted, the corresponding settlement date adjustment for those weeks’ are as follows:
-Transactions made from 17th September, 2021 to 21st September, 2021 will be settled on 22nd September, 2021 Beijing time (Wednesday) .
-Transactions made from 24th September, 2021 to 26th September, 2021 will be settled on 27th September, 2021 Beijing time (Monday).
-Transactions made from 30th September, 2021 to 7th October, 2021 will be settled on 8th October, 2021 Beijing time (Friday).
-Transactions made from 8th October, 2021 to 10th October, 2021 will be settled on 11th October, 2021 Beijing time (Monday).
Noted: This will not affect the Singapore Local Payload payment settlement.
Please make any necessary arrangements for your funds and business ahead of time.
Thank you for your understanding.

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