Updates to merchant statements
Monthly Bankcard Merchant Statements
Paya will implement modifications to the monthly Merchant Statement in September 2019. These changes will be reflected on the September statement that is available in early October.
The new statement will provide a more comprehensive breakdown in the “fees” section of the statement and will alleviate questions regarding formulated charges for authorization fees, interchange fees, transaction fees, card brand fees, and other fees.
You can find a sample statement, along with a quick reference guide below.
If you have questions or require additional information, please contact us and we will be in touch with you shortly.