In the settlement cycle, for public pos machines, t 1 is used for settlement, that is, the account will arrive on the next working day; for private pos machines, it is mostly settled at t0, that is, the account will arrive seconds after swiping the card.

The company settlement of pos refers to the settlement of the money after swiping the card to the company account, and the private settlement refers to the direct settlement of the money after swiping the card to the personal bank account.