PayFac Funded Report

The PayFac Funded report view of the PayFac Reconciliation Dashboard provides summary and detailed data for the standard funding model. The report details the reconciliation to the Payment Facilitator for non-sub-merchant funded transactions.

An overall summary is provided at the top of the report, with detail panels below.

PayFac Funded Report View - Summary Panel

The table below describes the fields in the PayFac Funded Summary panel. The sections starting Activity Date View - Transaction Summary by Purchase Currency describe each of the detail data panels.

PayFac Funded Summary Panel Field Descriptions

Field

Description

Net Settlement

The net amount transferred to your PayFac operating account.

Settled Transactions

The number of transactions that were settled in the specified time period.

Settled Deposits

The total amount of settled deposits before the deduction of any fees, reserves, or chargebacks.

Settled Refunds

The total amount of settled refunds before the deduction of any fees.

Returned Payments

The amount of funds associated with chargebacks, Direct Debit returns, and rejected payments, including:

  • Debits for receipt of a first chargeback.

  • Debits for an arbitration chargeback.

  • Debits for an Direct Debit return.

  • Debits or credits for payments rejected by the card networks.

  • Credits for the return receipt of a representment.

Reserve Activity

The changes made to the Worldpay reserve fund based upon gross sales. If you sell in multiple currencies, this only reflects the Reserve Activity for the selected currency.

Worldpay Fees

The amount of funds associated with transaction processing charges. If you sell in multiple currencies, this only reflects the Worldpay Fees for the selected currency.

Passthrough Fees

The amount of funds associated with charges assessed by parties other than Worldpay (for example, interchange fees). If you sell in multiple currencies, this only reflects the Passthrough Fees for the selected currency.

Third Party Payments

The total amount being distributed to your PayFac settlement account.