This article will guide you through understanding the Transaction Fees tab on your Remit Report and other details regarding Transaction Fees.
NOTE: For general information about the Remit Report and how to access it, please refer to our Remit Introduction article.
1. Understanding Transaction Fees in your Remit
Reviewing the Summary Tab
Fees assessed for Credit Card and e-Check transactions are seen on the ClubReady Transaction Fees row on the Summary tab. The transaction fees total can be seen in the Totals column as indicated below.
Note that in this example the total Transaction Fees are $83.56.
Navigating to the Transaction Fees tab
Along the left hand side of the report, you will see a Document Map that will allow you to navigate Transaction Fees tab.
Transaction Fees Tab
The first thing to note on the Transaction Fees tab is that the total Fee Amount is $83.56, matching the total Transaction Fees on the Summary tab.
This tab details all of the individual transaction fees that make up that total fee amount.
NOTES:
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As indicated above, Card-present (swipe) fees are now separated from card-not-present fees as they have different rates. This eliminates the need for card-present (swipe fee) credits on the Adjustments tab.
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Similarly, VMD fees are now separated from AMEX fees as they have different rates.