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A judge said the pair's account of a 'gentlemen's agreement' for FIFA to pay Platini 2 million Swiss francs ($2.05 million) for consulting work was credible.
Swiss prosecutors accuse the two men, once among football's most powerful figures, of illegally arranging the 2 million Swiss franc ($2.04 million) payment in 2011. Blatter and Platini both deny the charges.
The two men were indicted on Tuesday following a six-year investigation into the payment that Blatter authorised to be paid from world soccer's governing body FIFA to Platini in 2011.
As a result, Blatter, who is currently serving a six-year ban from football-related activities over ethics violations, will not be prosecuted for the matter which relates to selling TV rights for World Cup tournaments too cheaply.
The French football legend, who led European football's governing body from 2007 to 2015, was held on Tuesday by French anti-corruption police investigating alleged corruption in the 2010 vote to award the competition to the gas-rich Gulf state.
France's national financial prosecutor's office, is looking into possible offences including private corruption, conspiracy and influence peddling.