Definition ∞ Issuer settlement describes the process by which the financial institution or entity originating a payment transfers funds to the acquirer bank after a transaction. In the digital asset realm, this involves the originating party ensuring the transfer of assets or fiat equivalent to complete a payment. This action finalizes the transaction from the payer’s side. It is a fundamental component of payment system operation.
Context ∞ This process is fundamental to the finality of transactions, particularly in blockchain-based payment systems where efficient and secure issuer settlement mechanisms are vital. Reliable issuer settlement contributes to the widespread adoption and operational reliability of new payment technologies. The speed and cost of this process are frequently analyzed in payment system innovation.
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