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.

Note:

To access this report, go to Reports > Payout > Processing Statements, then click the Summary Report link for the report details you want to view.

Report columns

Column Name Description
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 Updater Successful Account Updater card repair.
Amount Paid to Vendor/Affiliate Any amounts owed to Affiliates or Vendors.
Carryover The amount of funds added to (or deducted from) this payout's disbursement corresponding to sales withheld from a previous pay period.
Chargeback Dispute Fee This fee is charged each time a chargeback dispute is submitted.
Chargeback Fee A 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 Fee A 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 Fee A fee charged for each transaction settled directly with a 3rd party such as PayPal or American Express.
Declined Authorizations A 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 Fee Fee incurred upon refund of direct debit.
Disbursement currency Will 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 Fee Fee 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 Fee A 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 Fee BlueSnap'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 Sales Volume of sales (charges) processed in this period, including any applicable TAX/VAT collected by BlueSnap.
Inactivity Fee Fee charged for no activity on account in the past 3 months.
Marketplace Vendor Management Fee A fee charged to your marketplace based on the gross amount paid out to each vendor managed by BlueSnap.
Net Sales Volume of sales minus Refunds and Chargebacks processed in this period.
Non-Compliance Fees All 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 party When 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 Currency The 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/CHAPS Funds transfer fee.
Planned Date Date when a payment is due to take place.
Processing Fees BlueSnap's commission/processing fees on all transactions being paid for this period.
Reserve If 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 BlueSnap This is the portion of your Gross sales, which BlueSnap will retain and remit to the relevant authorities.
TC40-Safe Refund Fee Fraud 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 Currency Currency of the transaction as it was sent for processing (authorized).
Transfer Date Date 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.

Payout Summary Statement Report


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