Settled with debt collector, but balance lowered instead of disappearing?

Settled with debt collector, but balance lowered instead of disappearing? I went to pay a credit card collection, online it offered me a settlement amount with "Portfolio Recovery". Is this normal, or did they do something other than settle? The portal I paid at still shows payment processing, but it's been several days and the balance updated in credit karma. Ideas? Thoughts?
submitted by /u/AnExtraMedium ...

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