Verifone Central

Overview 

This feature enables you to group see the settlement batches according to processor-related configurations and characteristics such as card brand, account type, etc. 

In this approach, separate processor transactions will be retrieved, and settlement batches will be generated based on the configuration specific to each merchant organization. As a result, there are several report fields and settlement details that are specific only to this view in Settlement reports.  

These reports are currently available only for Swedbank as a processor. 

Report fields 

You can search for specific transactions using one of the following report fields: 

• Site Reference ID - Identifier for the site that is unique to the Merchant Organization. It is used to locate the instance of a site. 

• Settlement Batch ID - Identifier assigned to a settlement batch.

• Creator reference - A reference ID generated by Verifone and sent to acquirers or distributed internally after the settlement batch file is generated. This reference ID can also belong to a third party. 

Settlement details 

Click on a settlement batch to view more details. The side panel is divided in three tabs: Transactions, Batch and Sub-batches.  

Transactions tab

The Transaction tab displays a summary of the total amounts transacted by displaying the following details: 

• Transaction total count – total number of transactions displayed / included all transactions in a batch.

• Transaction total net amount – total settled amount in a batch calculated as incoming settled amount minus outgoing settled amount .

• Incoming (Debit) transactions total count – total number of incoming (debit) transactions.

• Incoming (Debit) transactions total amount – total amount of incoming (debit) transactions.

• Outgoing (Credit) transactions total count – total number of outgoing (credit) transactions. 

• Outgoing (Credit) transactions total amount – total amount of outgoing (credit) transactions. 

• Reconciled Transaction total count – transaction total count batch file that was approved by the acquirer. 

• Reconciled Transaction total net amount – transaction total amount batch file that was approved by the acquirer. 

• Reconciled Incoming (Debit) transactions total count – Incoming (Debit) transactions total count file that was approved by the acquirer.

• Reconciled Incoming (Debit) transactions total amount – Incoming (Debit) transactions total amount- file that was approved by the acquirer. 

• Reconciled Outgoing (Credit) transactions total count – Outgoing (Credit) transactions total count file that was approved by the acquirer. 

• Reconciled Outgoing (Credit) transactions total amount – Outgoing (Credit) transactions total amount batch file that was approved by the acquirer. 

In the Transaction tab, you can also click on the View transactions button. 

The View transactions button will redirect you to the Transactions report page and display the transactions for this settlement batch.  

Batch tab

The Batch tab displays the following details: 

• Settlement Batch number – a non-unique identifier of the settlement batch given by the processor.

• Settlement Batch UUID – A unique identifier for a settlement batch generated by Verifone.

• Transmission Batch number – Sequential number generated by the settlement Processor Interface Module (PIM) each time a new settlement file is opened and is returned by the acquirer in a reconciliation file. This number links all the processor settlement batches included in each settlement file. 

• Transaction day – the accounting date of the transactions included in the payout. This is typically the date when a batch is opened on a terminal even if the final transactions are not authorized until the next day.

• Status – status of the batch. 

• Creditor reference – identifier generated by Verifone and sent to acquirers or distributed internally after the settlement batch file is generated. 

• Merchant ID – the ID of the merchant.

• Organization ID – unique identifier of the organization as provided by Verifone. 

• Organization name – the name of the organization.

• Site reference ID – identifier for the Site that is unique to the Merchant Organization. It is used to locate the instance of a Site. 

• Company Group Reference ID – identifier assigned to a group of organizations by the merchant. The same value is expected to be used for multiple organizations. 

• Settlement end time – the date when the settlement was completed. 

• Reconciliation end time – the date when the reconciliation was completed 

• Acquirer – name of the acquirer. 

• Processer – name of the processor. 

• Payout type – the type of payout used for reconciliation. 

• Card brands – card brands used in the transaction for which the settlement is made. 

Sub-batches tab

Each batch will further be divided into several sub-batches. In the Sub-batches tab, select the sub-batches you want to look at. The tab will display the following details for each sub-batch: 

• Transaction Day – the accounting date of the transactions included in the payout. This is typically the date when a sub-batch is opened on a terminal even if the final transactions are not authorized until the next day. 
• Status – the status of each sub-batch in the transaction. The status of the sub-batch will match the status of the batch it is part of.  
• Acquirer – name of the acquirer 
• Processor – name of the processor 
• Payout type – the type of payout used for reconciliation 
• Late transactions – identifier which signals that the transactions were processed manually for settlement. It has True or False values. 
• Transactions – total number of transactions included in the sub-batches 
• Transaction Amount – total amount included in the sub-batches.  
• Status – status of the sub-batch 
• Summary – this section displays a transaction summary for a particular sub-batch. It lists the following details: 
  
  • Status – it can have one or more of the following values: 
    • Incoming – incoming transactions 
    • Outgoing – outgoing transactions 
    • Reconciled – reconciled transactions 
  • Transactions – total number of transactions that correspond to this status 
  • Amount – the amount included in each status