North American Bancard Blog

Tagged "Merchant Statements"

Demystifying the Merchant Processing Statement

Posted by Jereme Sanborn   |   

A merchant statement is a document that is given to merchants at the end of every month that details customer transactions that have been processed and fees that are included for payment processing. Typically, statements appear with a deposit summary, breakdown of fees paid to the card issuing companies, and fees charged by the processor.

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