Restricted Cash

12 Months Ended

Dec. 31, 2021

Restricted Cash [Abstract]

Restricted Cash

(7) Restricted Cash

The restricted cash balances as of December 31, 2021 and 2020 were as follows:  

	As of December 31,
(in thousands)	2021		2020
Cash held in trust and/or cash held on behalf of others	$	3,693	$	3,334
Restricted cash	$	3,693	$	3,334
Cash held in trust and/or cash held on behalf of others	$	62,077	$	64,489
Collateral on bank credit arrangements and other	12,820		12,185
Restricted cash included within settlement assets	$	74,897	$	76,674
Total Restricted Cash	$	78,590	$	80,008

Cash held in trust and/or cash held on behalf of others is in connection with the administration of the customer collection and vendor remittance activities by certain subsidiaries within the Company's epay and EFT Processing Segments. Amounts collected on behalf of certain mobile phone operators and/or merchants are deposited into a restricted cash account. The bank credit arrangements primarily represent cash collateral on deposit with commercial banks to cover guarantees.