Instant Activation: We understand the urgency to start accepting payments and hence instantly activate accounts based on certain criteria. 

KYC form submission: While you can start accepting payments form your customers as your account was instantly activated, it is required that you submit your KYC form which needs to be reviewed and approved to enable settlements for your account.

KYC form review: The TAT for KYC review is 2 working days [as per the settlement schedule T+2] from the date of the first transaction\date of KYC form submission in the same order or priority 

KYC form not approved: Settlements enablement is subject to KYC form approval, in the event of KYC form rejections funds will remain on hold for 120 days [chargeback period] and released after 120 days if there are no chargebacks or fraud reported.