> For the complete documentation index, see [llms.txt](https://docs.phenixio.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.phenixio.com/features/fraud-free-settlements.md).

# Fraud Free Settlements

### Secured by Smart-Contracts

Since all payments are secured by smart-contracts, once a customer makes a payment to you, settlement occurs instantaneously and they cannot reverse the payment process. This prevents declined payment risk and fraud. Of course, you can always refund them when necessary.