The First Data® Merchant Statement service consolidates information about all payments into one easy-to-read printed statement.
First Data® Merchant Statement service provides information about your payment processing, allowing you to spend less time managing your payments and more time managing your business.
Gathering multiple reports each month to use for reconciliation is a time-consuming, manual process that’s prone to error.
Each Merchant statement includes a comprehensive report of submissions, chargebacks, interchange rates, funding information and fees. Retailers using the First Data Merchant Statement service spend more time on their business and less time sorting through data because they have all their information about payments received in an easy-to-read statement.
How Merchant Statement Service Works
Retailers who enroll in the Merchant Statement service will receive cyclical reports with details about their merchant processing. While useful on its own, these statements can be even more effective when used in conjunction with other First Data reporting tools such as the ClientLine® online reporting tool. The ClientLine solution can supplement merchant statements by offering retailers a wealth of reporting and operating tools, all available over the Internet. Merchants can access information on a variety of transaction types and then use various software programs to analyze the information, or integrate it into accounting reconciliation programs.
Help Your Business
- Better manage fees and expenses
- See exactly what you’ve paid
- Make more accurate financial forecasts
- Save time with itemized expenses
Help Your Customers
- Work with better-informed retailers when working through disputes
- Stay informed with an easy-to-read messaging area
- Keep track of itemized expenses
