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    Updates to merchant statements

    Product

    Monthly Bankcard Merchant Statements

    Description

    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.

    Resolution


    You can find a sample statement, along with a quick reference guide below.  

    Sample Merchant Stmt for PPM.pdf

    QRG for Merchant Statement.pdf


    If you have questions or require additional information, please contact us and we will be in touch with you shortly.

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