The Fee Withholding Summary describes how service fees are assessed for batches eligible for the next billing. This page is created each time the payment gateway identifies service fees for your account that need to be held. You can refer to this summary to assist you with reconciliation for your transaction processing activity, payment gateway Settlement Statement, and merchant bank account.
The Fee Withholding Summary provides the following information:
Batches Eligible for Billing – The batches that have settled successfully but have not yet been billed and for which payment gateway service fees are being assessed.
Transaction Count Statistics – The statistics for the types of transactions for which service fees should be withheld (charge and refund transactions).
Dollar Volume Statistics – The dollar volume per transaction type for transactions included in the eligible batches.
Fee Summary – This section provides a breakdown of the usage fees for your payment gateway account, including:
Returned Item – Any returned items included in the eligible batches and the service fees assessed.
Chargeback – Any chargebacks included in the eligible batches and the service fees assessed.
Batches – The number of eligible batches and indicates the batch fees assessed.
Per-Transaction Fee (Tier Type) – Information about the pricing structure (Cumulative or Stepped Tier) used to calculate per-transaction fees assessed for transactions included in the eligible batches.
Discount Rate (Tier Type) – Information about the discount rate structure (Cumulative or Stepped Tier) used to calculate discount rate fees assessed for transactions included in the eligible batches.
Total Usage Fees for Batches Eligible for Billing – A total dollar amount of service fees that should be held in Billing Reserve for eligible batches.
Funds Withholding Calculation – The amount of funds that are being held for service fees related to eligible batches. The amount held depends on the amount of funds in your account's Billing Reserve at the time the Fee Withholding Summary is created. Funds in your Billing Reserve are applied toward the amount of service fees that should be held for batches eligible for billing. Any remaining amount of service fees is then held. In the event that the amount of funds available in your Billing Reserve is greater than the total amount of service fees that should be held for eligible batches, the remaining funds will be released.
Amount to be Withheld — The total amount of all fees due for eCheck.Net activity for the billing period.
Amount Transferred — The available amount transferred from the eCheck Settlement Statement to the Billing Reserve Statement to cover fees for the billing period.
Remaining Balance to be Collected at Next Billing — The total amount of all fees due for eCheck.Net activity for the billing period, less funds already transferred to the Billing Reserve Statement. To view a summary of all eCheck.Net fees for the current billing period, please see the eCheck.Net Fee Summary.
Tip for reading the Fee Withholding Summary:
When viewing the Fee Withholding Summary, keep in mind that batches will not always be from the same or current billing cycle; and not all batches in the current billing cycle will be listed. This is because the Fee Withholding Summary only looks at batches that have been successfully settled, but for which billing has not yet been applied.