Riverty

Connect Riverty

Riverty, which you know as AfterPay, lets the customer pay later and takes on the receivables risk. Riverty pays you out in settlements that bundle a run of orders, with the Riverty fee, refunds on returns and sometimes a reserve already netted off. The amount in your bank is therefore never equal to your revenue. Schakel reads the Riverty settlements and books each order, fee and payout separately, so your reconciliation adds up on its own.

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Riverty

What travels with Riverty

  • Pay-later sales

    Every order settled through Riverty arrives with its amount, order number and the customer, ready to book as a sale.

  • Riverty fees

    The fee Riverty deducts per transaction is booked separately on its own ledger account, not folded into your revenue.

  • Refunds on returns

    A refund Riverty nets on a return is processed as a separate entry for the amount actually returned.

  • Payouts

    The settlement that bundles a run of orders reconciles as a whole against the deposit in your bank, to the cent.

Why connect Riverty

  • Your Riverty settlements reconcile with your bank even though fees and returns are netted inside.
  • The Riverty fee sits apart, so you see what pay-later actually costs you.
  • Even under the old AfterPay name everything runs through the same connection.
  • No more monthly export-and-work-back session on your settlements.

How it works

  1. 01

    Connect your Riverty account

    You request the API credentials for your merchant account from Riverty and hand them to Schakel, with access to your accounting.

  2. 02

    Schakel reads orders and settlements

    Paid orders, refunds and the settlement that bundles them are pulled in, along with the Riverty fee netted inside.

  3. 03

    Everything is booked and reconciles

    Revenue, fees and refunds each land on their own account, and the settlement matches your bank entry without manual work.

Riverty, common questions

Is Riverty the same as AfterPay?

Yes. AfterPay was renamed Riverty in the rebrand. The connector works on your current Riverty account and processes the settlements the same way.

Are the Riverty fees booked too?

Yes. The fee deducted per transaction lands on its own ledger account, so your margin stays readable and the reconciliation is right.

What do I need to start?

A Riverty merchant account with API credentials and your accounting. Request the connector and get access, and we walk through the settings with you.

A Riverty connection you do not see here?

Tell us which system Riverty should connect to. Request it and you get access; you hear from us within 24 hours.