Console Home Home Customers Customers New Customer Customer Auditing Setup Billing Cycles Items Taxes Billing Profiles Adjustment Reasons Account Groups Actions Letters Emails Notes Documents Billings Transactions New Sale (Card) New Sale (Direct Debit) New Refund (Card) New Refund (Direct Debit) Tokens Transactions Subscriptions Chargebacks Chargebacks Remittance Merchant Statement List Balances Charges Modify Charge New Charge Reports Reports Submissions Batch List Files Equipment Terminals Terminal Order List Management Merchant Perspective New New Merchant New Merchant (Extended) New Account (Extended) New Merchant (Provisioning) Provisioning New Merchant Provisioning New Account Onboarding Application Wizard (Merchant) Onboarding Application Wizard (Account) Onboarding Application Wizard (Affiliate) Manage Selection Select Merchants (Modify Selection) Select Single Merchant Details General Settings (Remittance) Deposit Settings (Processing) Business Owners References Limits Profiles Rules Letters Emails Convenience Fees Customer Fees Settings (Billing) Branding Profile (Merchant) Accounts Accounts Terminals Terminals Processing Transactions View Transaction Chargebacks Tokens View Transaction (Split-In/Pull-In) View Transaction (Split-Out/Pull-Out) Processor Transactions View Provider Transaction Transaction Subscriptions View Subscription Transaction Remittance Adjustments List Commissions Fees Merchant Statement List Distributions Split Schema Balances Charges Modify Charge New Charge Submissions Batch List Files View Batch Resources Merchant Labels Pages Equipment Terminal Order List Reports Reports Security Users List Access Policy Roles Reseller Perspective New New Reseller Details Reseller Details Custom Fields Branding Profile (Reseller) Defaults Settings Defaults Merchants Merchants List Onboarding Onboarding Applications Agreements Remittance Reseller Statements Breakdown Reseller Statement Breakdown Modify Reseller Statement Detail Modify Commissions Reseller Statement Security Users List Access Policy Roles Equipment Configurations Terminals Terminal Order List Reports Reports Reports Portfolio Perspective New New Portfolio Details Portfolio Details Branding Profile (Portfolio) Defaults Settings Defaults Entities Merchants Resellers Channels Equipment Terminal Update Profile List Update Search Repository Fulfillment Center Terminals Parameters Terminal Messages Onboarding Applications Agreements Configurations Configurations Billing Configurations Profiles Distributions Distributions Remittance Pricing Template List Taxes Modify Tax Announcements Announcements Agreements Merchant Agreements Security Users List Access Policy Roles Profiles Provisioning Settings Facilitator Profile List Onboarding * Processing User Perspective New Human User Service User Details Human User Details Service User Details Merchants Merchants List Resellers Resellers List Portfolios Portfolios List Security Security Terminal Perspective Details Terminal Details Parameters Terminal Parameters Updates Terminal Updates Logs Logs Terminal Migration Log Distributions Perspective New New Vendor New Holding Account Details Distributions Details Statements Statements Fulfillment Perspective New New Fulfillment Center Details Fulfillment Details Users Users Shipping Shipping Orders Terminal Order List Configurations Configurations Keys Keys Models Models Administration Setup Perspective Error Codes Error Codes Email Templates Email Templates Response Codes Response Codes Holidays Holidays Note Templates Note Templates Security Access Policy Roles Blacklist Blacklist System Perspective Statistics Merchant Financial Statistics IQ Database Querying Module Log Querying Module Vel Tracking Velocity Tracking Branding Branding Branding Profile (System) Keys Decryption Keys Agreements User Agreements Jobs Send Message Manual Remittance Post Statements CLI Command Job Object Job Messages Processing Lock Logs Browse Logs Analyze Logs Transaction Logs Server Log Files FTP Gates File Store Sanitization Sanitization Profile Reporting Reporting Modify Report Providers Provider Codes Import Format Resource Code Currency Sign System Settings Diagnostic System Audit Perspective Changes Merchants Resellers Users Terminals Portfolios Portfolios Users Users List Analysis Analysis Errors Errors Transactions Transactions Audit Monitoring Perspective Manage Selection Select Merchants (Modify Selection) FTP Gates FTP Gates Transactions Transactions Sub Batch Sub Batch Statements Merchant Statement List Statement Reconciliation File Store File Store Account Profile Merchant Account Profile Billing History Billing History Providers Provider Profile Provider Account Jobs Send Message Manual Remittance Post Statements Job Object Job Messages Processing Lock Camel Routes Reporting Processing Processor Reconciliation Processing Reconciliation Transaction Summary Transaction Detail Remittance Reconciliation Queue Reports Queue Reports Reports Console perspective (new) Items

Settings (Remittance) (Merchant Account Mode)

Type:    Form

Description: Arrangement of forms, that include information about remittance processing.

Modes:

Ignore

Merchant

Merchant Account

Items:

Save		Saves all changes on the form.

Close

Closes the form without saving any changes.

Remittance Currency

Includes merchant remittance currency settings.

¦_

Currency Code

Code of currency used for remittance. Default value: USD. References: MerchantRemittanceConfig.remittanceCurrencyCode

Balance

Shows current merchant's balance.

¦_

Total

Note: This field is read-only and cannot be modified. Shows the current balance of a merchant/merchant account. If the value is positive, 3rd party processor owes money to the merchant. If the value is negative, merchant owes money to a 3rd party processor. References: MerchantRemittanceConfig.totalBalance

¦_

Net

Note: This field is read-only and cannot be modified. Shows the amount of money owed to the merchant excluding reserves. References: MerchantRemittanceConfig.netBalance

¦_

Convenience Fee

Note: This field is read-only and cannot be modified. Shows the amount of money owed for convenience fee. References: MerchantRemittanceConfig.convenienceFeeBalance

Amount Limits

Includes amount limits configuration for the current merchant.

¦_

Min Remittance

Shows the minimum amount of funds that must be reached in order for the remittance process to occur. References: MerchantRemittanceConfig.minimumRemittanceAmount

¦_

Max Withholding

Maximum amount of money that can be withheld in favor of reserves within a single remittance. References: MerchantRemittanceConfig.maximumWithholdingAmount

¦_

Max Reserve Adjustment

Shows the maximum amount of money that can be withheld for a single remittance to be placed in the reserve adjustments. References: MerchantRemittanceConfig.maxReserveAdjustmentAmount

¦_

Min Statement

Minimum amount of the merchant statement. References: MerchantRemittanceConfig.minMerchantStatementAmount

¦_

Max Statement

Maximum allowed amount of the merchant statement. References: MerchantRemittanceConfig.maxMerchantStatementAmount

Remittance

Includes various remittance settings.

¦_

Hold Enabled

Indicates whether remittance process is enabled. When set to true, the balance of all of the newly generated remittance statements is not sent to the merchant, but transferred under the merchant's balance. References: MerchantRemittanceConfig.isRemittanceHoldEnabled

¦_

Ignore Source

Controls whether remittance source is ignored or not. If enabled, a single bank account will be used for all types of remittances and they will not be split based on the remittance source. See Remittance Source definition for additional information. References: MerchantRemittanceConfig.isRemittanceSourceIgnored

Funding

Includes merchant funds settings.

¦_

Merchant Funding Policy

Represents the type of current (or selected) approach used to withhold fees from a merchant. References: MerchantRemittanceConfig.feeWithdrawalPolicyType

¦_

Deduction

Indicates that withdrawal of fees will be deducted as a part of remittance.

¦_

Withdrawal

Indicates that withdrawal of fees will be deducted either from the same deposit account or from a separate bank account that was designated by the merchant for withholding of the fees.

¦_

Deduction Conditional

Automatically switches on if initially merchant funding policy type was withdrawal, and while trying to withdraw fees from merchant account, returns was received for the second time. Such case leads to hold of the account. It can be cancelled by user by unchecking Hold Enabled checkbox on UI.

Responsible for Fees

Enumeration of possible banking accounts the money for specific line item is taken from. See Remittance source. References: MerchantRemittanceConfig.feesResponsibleCl

¦_

Merchant

Enumeration of possible banking accounts the money for specific line item is taken from. See Remittance source. References: MerchantRemittanceConfig.feesResponsibleCl

¦_

Reseller

Enumeration of possible banking accounts the money for specific line item is taken from. See Remittance source. References: MerchantRemittanceConfig.feesResponsibleCl

Billing begins on

Date when the last physical ACH transaction (deposit) was sent to the merchant. See Statements definition for additional information. References: MerchantRemittanceConfig.lastRemittanceDate

Recurring Fees begin on

The date when recurrent fees for a merchant begin to accrue. References: MerchantRemittanceConfig.recurringFeesBeginDate

Annual Fee Month

Allows to select a month when an annual fee should be collected.

Merchant Statement

Includes various emailing merchant statement settings.

¦_

Export

Indicates whether the content of the Merchant Statements List report is exported to the merchant’s FTP via the data export mechanism. References: MerchantRemittanceConfig.isMerchantStatementExportEnabled

¦_

Archive

Indicates whether merchant statement archiving process is happening. Copies of statements are archived here: 126. References: MerchantRemittanceConfig.isMerchantStatementArchivingEnabled

¦_

Generation Policy

Enumeration of possible values of statement policy for the merchant account group. References: MerchantRemittanceConfig.statementPolicyType

¦_

Any Balance

Indicates that statement will be generated for both positive and non-positive balance.

¦_

Positive Balance

Indicates that statement will be generated for positive balance only.

Emailing Policy

Enumerates possible values of statement emailing policy for the merchant account group. References: Merchant Account Group.Statement Emailing Policy

¦_

No Action

Indicates that no action will be taken.

¦_

Notification

Indicates that only notification will be sent to the specified email address.

¦_

Statement

Indicates that only statement will be sent to the specified email address.

¦_

Statement and Transaction Details

Indicates that statement and transaction details will be sent to the specified email address.

¦_

Statement and Return Details

Indicates that statement and return details will be sent to the specified email address.

Deposit

Allows you to choose how exactly receive Deposit Statement notifications.

Monthly Statement

Allows you to choose how exactly receive Monthly Statement notifications.

Recipient List

Allows to add additional email addresses for getting merchant statements. By default, statements are sent to the email address indicated in a merchant's contact details.