PayFac Reconciliation Dashboard

Document created by jordanbarhorst on May 11, 2016Last modified by lsolheim on Nov 12, 2018
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The PayFac® Reconciliation Dashboard eliminates the need to access multiple reports by providing a single source tool for Payment Facilitators to access all the data necessary for performing financial reconciliation.

 

The pertinent information from the Activity Report, Settlement Report, and Transaction Summary Report,   along with other relevant data, is assembled on a single screen for easy access.

 

The PayFac Reconciliation Dashboard includes three report views:

  • PayFac Funded: reconciliations to the Payment Facilitator when sub-merchant funding is not utilized.
  • Sub-Merchant Funded: reconciliations to the Payment Facilitator and sub-merchants when sub-merchant funding is utilized.
  • Reconciliation: a cumulative view of reconciliations to both the Payment Facilitator and sub-merchants.

 

You can view each of these PayFac Reconciliation reports sorted by Activity (post) date or by Settlement (funds transfer) date.

 

Additional information about the PayFac Reconciliation Dashboard is available to Worldpay O.N.E. members in the Vantiv iQ Reporting and Analytics User Guide in the PayFac documentation.

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