Onboarding
Checklist to go live with TabaPay and begin accepting transactions.
A Merchant must set up the following items prior to processing transactions:
| Configuration item | Description |
|---|---|
| Statement description | Name that is displayed on cardholder statement. NOTE: soft descriptor (sent on each transaction, is available to certain merchants with approval) |
| Phone number | Phone number provided to receiving institution. NOTE: soft descriptor (sent on each transaction, is available to certain merchants with approval) |
| Daily PULL limit | Aggregate daily limit for purchases |
| Daily PUSH limit | Aggregate daily limit for disbursements |
| Maximum PULL ticket | Maximum PULL transaction limit |
| Maximum PUSH ticket | Maximum PUSH transaction limit |
| Accepted card types | Debit cards, credit cards, prepaid cards, US/non-US |
| MCC | Merchant category code |
| Settlement account | Account to receive proceeds. NOTE: can have separate settlement account for purchases and disbursements |
| Fee account | Account to fund interchange and assessments. Can be same as settlement account or adjustment account. |
| Adjustment account | Account to fund chargebacks, receive representments, and fund other adjustments. Can be same as settlement account or fee account. |
| Settlement options | Gross: 3 settlement ACH instructions per day (CR for purchases, DR for
disbursements, DR for fees) Net: Option to net settle disbursements and purchases. Can also include fees or separate fees |
| Report subscription | Any or all of the following can be subscribed to. “$” indicates an additional fee
may be charged if delivered with the daily reports. • Daily transaction report • Daily settlement summary report • Daily interchange report • Daily exception report • Daily chargeback report • Daily AML summary • Daily AML details • BIN file ($) |
| Report delivery | The following options are provided for report subscription delivery: • Amazon s3 bucket (folders supported) • Dropbox • Citrix sharefile • SFTP • Encrypted email |
| Invoice files | Invoice files The following files are delivered with the monthly invoice: • Monthly invoice • All transactions processed in a month • Monthly deposit/debit summary. Day by day bank movements • An ISO further receives: o Interchange by MID by billing code o Network fee by MID by network code o Processing fees by MID and category |
| Invoice delivery | The following invoice delivery methods are supported: • SFTP • Dropbox • Sharefile • Amazon s3 |
Merchant Setup: ACH and RPPS Origination
| Configuration item | Description |
|---|---|
| Company name | Name that is displayed on customer statement |
| Company entry description | Description that is displayed on customer statement |
| Settlement account | Offset account used for all debit, credit and return entries |
| Company ID | Company EIN |
Merchant Setup: ACH Setup
The following contacts are required prior to going live on any TabaPay service
| Configuration item | Description |
|---|---|
| Operations contact | Merchant contact for operations |
| Treasury contact | Merchant contact for treasury issues |
| Invoice contact and email | Merchant contact to receive monthly invoices |
Updated 10 months ago