A - Time period covered by this statement - Your merchant account number for Visa and MasterCard processing - Settlement demand deposit account number B - Your company name and address (including store number if applicable) - Corporate company name and address (if applicable) C - Customer Service telephone number: for questions with your statement, deposits, etc. - Total charge to your account is: total amount charged to your account at month-end. this charge is for month-end fees only. if you are set up for daily discount, this amount does not include the daily discount charges you have incurred throughout the month. For further explanation of daily discount, see section F. D - Statement Message (when applicable): Bank information and important messages for your information E - Summary of Card Deposits: Deposit activity that was received during the statement period. This includes sales, adjustments, returns, and net totals, which are all listed by card type. BANKCD TOT= Visa and MasterCard activity only. F - Summary of Card Fee: Fees assessed to the merchant by each card type. This includes qualified, mid-qualified, and non-qualified discount fees charged to the merchant. Also included is card type specific authorization and Address Verification Service (AVS) activity. The discount method, which is also noted in this section, will be either method 6 (daily) or method 1 (monthly). If you are set for daily discount (Discount 6), a charge will be applied to the sales totals every day that credit card processing occurs. this daily discount charge is based on your qualified discount rate for Visa and MasterCard sales ONLY (example: your credit card terminal report for the day states a total of $1,000.00 of Visa and MasterCard sales. Your merchant agreement states that your qualified discount rate is 3.0%. Your daily discount charge will be $30.00 and the deposit amount to your designated bank account will be $970.00) G - Summary of Miscellaneous Fees: Processing fees such as minimum monthly fee, statement fee, batch header and return fees, and debit access fee that may be assessed to you.
Alpine Merchant Services Inc. is a registered ISO/MSP of Wells Fargo, N.A., Walnut Creek, CA. 1280 Ute Avenue, Suite 2A Aspen, CO 81611 - 866.920.2893 kreichel@alpinemerchantservices.com | barbara@alpinemerchantservices.com