Settlement and payment per acquirer

Each acquirer breaks down settlement and payment advice depending on the currencies they support and how they support them for their merchant accounts. The reports in the merchant hub contain data from the previous day.

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Trust Payments

For each business case (URL), Trust Payments will issue merchant accounts as follows:

1. By payment types
   1. 1 MID for ECOM (online payments typically 3DS enrolled)
   2. 1 MID for MOTO (phone payments not 3DS enrolled)
2. By settlement requirements
   1. 1 MID for each L4L (like-for-like) settlement flow. They will make separate payments for all your settlement currencies.
   2. 1 MID for each A21 (all-to-one) settlement flow. They will make a single payment in your selected settlement currency.

If you accept online and phone payments in multiple currencies and you want to settle with L4L and A21, you will have four MIDS for each business case.

• 1 MID - ECOM L4L
• 1 MID - ECOM A21
• 1 MID - MOTO L4L
• 1 MID - MOTO A21

For Trust Payments for each MID, you must reconcile each settlement currency separately.

The following diagram shows how Trust Payments issues MIDS based on the settlement type and the channel.

The funding report is available daily in the merchant hub the day after batching and posting on business days only. The payment advice entry is generated for each settlement cycle a day after the settlement cycle cutoff on business days only.

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PAYSTRAX

For each business case (URL), PAYSTRAX will issue 1 MID, regardless of payment type and settlement requirement. If you have more than one URL, you will have 1 MID per URL, and PAYSTRAX will group the MIDs into a billing profile for each settlement currency.

For PAYSTRAX, you must reconcile each billing profile.

The following diagram shows how PAYSTRAX issues MIDs and groups settlement currencies into billing profiles.

The funding report is available daily in the merchant hub the day after batching and posting on all days. The payment advice entry is generated for each settlement cycle a day after the settlement cycle cutoff on business days only.