Updates to Shipit Wallet and Reporting Features Updates to Shipit Wallet and Reporting Features  | Shipit.fi | Shipit
Updates to Shipit Wallet and Reporting Features

We are improving the functionality of the Shipit Wallet and its reporting features to make them clearer and easier to use.

Below is a summary of the changes: 

  • Previous reports: Shipments under the old reporting system will still be credited as before, if the shipment has not been sent. 

  • Reserved wallet funds: In the new wallet report, reserved funds for upcoming shipments will be shown. (We can add an illustrative image if needed.) 

  • Visibility of shipments: Shipments will appear in the wallet report only once the price has been confirmed or if the shipment has been activated automatically. 

  • If a shipment has already been charged, any additional costs will appear as a separate charge. 

  • Processing of funds after shipment: Once a shipment has been sent, its value will be deducted from the reserved funds and added to the wallet report transactions. 

  • Unsent shipments: If a shipment is not sent within approximately 90 business days, the reserved funds will be released back into the wallet balance. 

  • Customers may still request a refund at any time before the 90-day deadline, just as before. 

Thanks to these updates, using the wallet will be clearer and more similar to traditional invoicing.