A Voucher Is Not a Payment - Most Platforms Disagree

This story was originally published on HackerNoon at: https://hackernoon.com/a-voucher-is-not-a-payment-most-platforms-disagree. Batch settlement creates three payment states: committed, claimed and settled. Collapsing them into one is how platforms lose money they thought they had. Check more stories related to finance at: https://hackernoon.com/c/finance. You can also check exclusive content about #future-of-finance, #working-capital, #batch-settlement, #system-design, #software-engineering, #fintech, #voucher, #batch-settlement-explained, and more. This story was written by: @allanmangeni. Learn more about this writer by checking @allanmangeni's about page, and for more stories, please visit hackernoon.com. Batch settlement separates committed capital, claimed revenue and settled cash into three states most platforms collapse into one. When systems record vouchers as cash before redemption lands, the gap shows up in reconciliation reports, not in the code. This piece explains why that gap is a working capital problem, not a protocol quirk.