A merchant processing statement can look confusing at first. It may include sales totals, deposits, batch activity, interchange fees, assessment fees, transaction fees, monthly fees, chargebacks, refunds, adjustments, reserves, and several lines of small charges that are easy to overlook. Learning how to read a merchant processing statement helps you...
Monthly Statement Audit Checklist for Merchants
A monthly statement audit checklist helps merchants understand what actually happened with card payments during a billing period. It gives business owners, ecommerce sellers, retail stores, restaurants, service providers, bookkeepers, and finance teams a repeatable way to review sales, deposits, refunds, chargebacks, and payment processing fees without feeling lost in...