Payout Summary Statement Report

Report description

A Payout Summary Statement report is generated for each payout where every statement will contain a section for each payout currency. This report will help you reconcile your gross sales to the amount deposited into your bank account for each payout currency. It will also itemize all processing fees, non-processing fees, and other adjustments to your account.

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Notes

  • To access this report, go to Reports > Payout > Processing Statements, then click the Summary Report link for the report details you want to view.
  • Data formats: All reports show currency values in US format (i.e., 123,456.00) regardless of the currency being displayed.

Report columns

Column NameDescription
Account Maintenance Fee (Affiliates/Vendors)This fee is charged when the minimum level of sales set forth in the BlueSnap contract is not met for the month. Unless contracted otherwise, the minimum is $2,500 per month.
Account UpdaterSuccessful Account Updater card repair.
Amount Paid to Vendor/AffiliateAny amounts owed to Affiliates or Vendors.
CarryoverThe amount of funds added to (or deducted from) this payout's disbursement corresponding to sales withheld from a previous pay period.
Chargeback Dispute FeeThis fee is charged each time a chargeback dispute is submitted.
Chargeback FeeA chargeback occurs when a shopper does not recognize a transaction and contacts their issuing bank to dispute it. The card schemes (Visa, Mastercard...) charge a fee for every Chargeback, which we are obliged to pass to the merchant.
Chargeback TRR FeeA Transaction Retrieval Request (TRR) is a request from the issuing bank for more information about the transaction. Responding to these requests may prevent a future chargeback on the transaction.
Conveyance FeeA fee charged for each transaction settled directly with a 3rd party such as PayPal or American Express.
Declined AuthorizationsA per transaction charge on transactions that are declined at authorization. This charge is not applied to failover declines initiated by BlueSnap nor those declined renewal transactions through the BlueSnap Subscription Manager.
Direct Debit Refund FeeFee incurred upon refund of direct debit.
Disbursement currencyWill only be different from payout currency if merchant has requested BlueSnap to settle funds in an "exotic" currency (not one of the majors or minors). In this case, payout currency will always be USD, and Disbursement currency will be deposited in "exotic" currency requested.
ECP Reversal FeeFee incurred upon reversal of Electronic Check/ACH/Direct Debit.
Ethoca Alert Fee (Chargeback Alert Fee)A per transaction charge resulting from an issuer reporting a transaction as fraud to Ethoca.
Failover FeeA fee charged for each transaction that is initially declined and then ultimately successful as a result of BlueSnap’s failover functionality.
Fraud Monthly Fee & Fraud Transaction FeeBlueSnap's Smarter Payment Gateway™ is integrated with an industry-leading fraud prevention system. Merchant chooses the level of customization that the business needs. Depending on the chosen level, a monthly or per transaction fee may apply.
Gross SalesVolume of sales (charges) processed in this period, including any applicable TAX/VAT collected by BlueSnap.
Inactivity FeeFee charged for no activity on account in the past 3 months.
Marketplace Vendor Management FeeA fee charged to your marketplace based on the gross amount paid out to each vendor managed by BlueSnap.
Net SalesVolume of sales minus Refunds and Chargebacks processed in this period.
Non-Compliance FeesAll merchants selling in-store or online, taking payments via credit and debit cards, must be compliant with PCI Standards. Our partner, Security Metrics, has asked you (depending on the integration method you have with BlueSnap) to fill in the appropriate PCI form. A monthly fee will charged if you fail to satisfy PCI requirements.
Paid Directly by 3rd partyWhen a 3rd party processor settles funds directly to the merchant, BlueSnap will be deducting them from our settlement. For example, all of merchant PayPal sales are funded directly into the merchant PayPal business account. BlueSnap will settle the processing fee differential.
Payout CurrencyThe currency in which BlueSnap will settle this transaction to the merchant, except in the case where the base currency is an exotic currency where Payout Currency will be USD.
Payout Fee - ACH/Wire/SEPA/CHAPSFunds transfer fee.
Planned DateDate when a payment is due to take place.
Processing FeesBlueSnap's commission/processing fees on all transactions being paid for this period.
Refund ReserveAccount funds that you set aside to enable you to issue refunds even when your account balance is low.
ReserveIf applicable, this value reflects either an increase (negative in your statement) or a decrease (positive in your statement) of the funds BlueSnap is holding for the merchant in reserve.
Tax/VAT remitted by BlueSnapThis is the portion of your Gross sales, which BlueSnap will retain and remit to the relevant authorities.
TC40-Safe Refund FeeFraud alerts sent by the card issuing bank to the payment network to notify all parties of a TC40 claim or a chargeback claim; BlueSnap will receive the fraud alert and process a refund to help manage chargebacks.
Transaction CurrencyCurrency of the transaction as it was sent for processing (authorized).
Transfer DateDate when a payment actually took place. If planned date falls on a weekend, holiday, or was delayed, these 2 dates will be different. In most cases Planned Date and Transfer date will be the same.
Verify Processing (Chargeback Alert Fee)A per transaction charge for a dispute opened by the cardholder with their issuing bank.

Updated 3 months ago

Payout Summary Statement Report


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