On your reporting tab, the Settlement report will be generated as per the current process by selecting an appropriate settlement date range and clicking on the ‘Download CSV’ button.
It's important to note that Laybuy Tap to Pay transactions will still appear on the settlement report (and be settled as per the current process - offsetting against other transactions) until which time the merchant has set up their DD mandate and it has become active. Once Direct Debit is active then all Tap to Pay transactions will be settled via the new invoicing process (see below).
All settled transactions will appear on the settlement report - regardless if they have been settled asper the current process i.e. offsetting against other online transactions where possible OR settled via the new invoicing process. Laybuy Tap to Pay transactions that have been settled by the ‘new’ settlement process can be identified as they will have a value in the Invoice ID column.
The Transaction report will include all transactions (orders, refunds and Laybuy Tap to Pay transactions) and will give a greater level of transaction detail.
The Laybuy Tap to Pay transactions can be identified by all transactions where the Origin = MASTERCARD. The total of those transactions will equal the amount paid through the Mastercard network within your normal card settlement.
You will be able to reconcile the Laybuy Tap to Pay fees and the Direct Debit amount to be taken by Laybuy by looking at the columns Origin = MASTERCARD and Transaction Fee.
There will be a new component on the dashboard for Invoices charged by Direct Debit. This component will allow you to report on invoices that have been generated for Tap to Pay transaction fees.
The Invoice report will include all invoices between a given date range, details of the invoice including the amount, due date and status.