Fund settlement on the Instapay platform is done automatically, without periodic submissions. Users only need to complete account verification then the funds will automatically be settled directly to the registered bank account within H+2 working days. Funds that are settled into your account have been charged a service fee or MDR according to the payment method selected by the customer. Learn about service fees. (redirected to page pricing) Sample case: there is a customer who made a transaction worth IDR 100,000. If the customer pays using QRIS, the service fee is 0.7% or IDR 700. Settled funds to the merchant's account are IDR 99,300. This service fee is known as the Merchant Discount Rate or MDR.