Settlement Term
> **Canonical IRI:** `https://schema.beckn.io/SettlementTerm` > **Tags:** common > **Namespace:** https://schema.beckn.io/ > Part of the Beckn Protocol Core Schema
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Describes the terms of settlement associated with a given transaction. This is not to be confused with the PaymentAction as it describes all the places where the money gets disbursed after reconciliation.
Versions
| Version | attributes.yaml | context.jsonld | vocab.jsonld | README |
|---|---|---|---|---|
| **v2.0** | attributes.yaml | context.jsonld | vocab.jsonld | README |
Properties (latest: v2.0)
| Property | Type | Required | Description | ||
|---|---|---|---|---|---|
@context | string (uri) | — | — | ||
@type | string | — | — | ||
amount | object | — | Amount associated with this settlement action | ||
paymentTrigger | any | — | Describes the event which triggers the payment against this settlement term | ||
settlementStatus | string | — | — | ||
settlementSchedule | object | — | — | ||
payTo | object \ | object \ | object | — | Describes the details of the account where the money must be remited. It could be a bank account, a payment gateway, or a virtual payment address (… |
acceptedPaymentMethods | string[] | — | Describes the methods or mechanisms accepted by the payee (described in the payTo property) for the purpose of this settlement. | ||
settlementTermAttributes | any | — | Additional use case specific settlement terms that must be adhered to |
Linked Data
| Resource | URL |
|---|---|
| Canonical IRI | https://schema.beckn.io/SettlementTerm |
| JSON Schema (latest) | https://schema.beckn.io/SettlementTerm/2.0 |
| context.jsonld (latest) | https://schema.beckn.io/SettlementTerm/2.0/context.jsonld |
| vocab.jsonld (latest) | https://schema.beckn.io/SettlementTerm/2.0/vocab.jsonld |
| Root context.jsonld | https://schema.beckn.io/context.jsonld |
| Root vocab.jsonld | https://schema.beckn.io/vocab.jsonld |