In this article, you will be going to know about:
TABLE OF CONTENTS
- What's KNet?
- Supported Regions
- How to activate Knet?
- Knet Workflow
- What are the payment features that Knet supports?
- The settlement Flow
- The Refund Process
Knet is an APM that allows customer uses their Knet cards (debit & credit).
Kuwait, KSA, & UAE
How to activate Knet?
By default, Knet is enabled for Merchants in Kuwait.
For other regions, to activate Knet, please send an email to customer care team ( [email protected] ) along with your MID and the registered country of your account.
The payment process is hosted by the KNET Payment,
When customers proceed to checkout, they get redirected to the Knet payment page to enter card details and complete the payment.
Card details are not entered or stored on PayTabs server
Transactions done through KNet, will show in the payment method in the transaction detail window
What are the payment features that Knet supports?
The settlement Flow
The default settlement of the closing balance is automatically executed weekly on Monday if the available balance is 300$ or more.
However, payout schedule can be changed from merchant dashboard, please check "How to change payout schedule"