financialInfo

This section gathers financial information related to the merchant’s business including how payments are processed and what affects the process.

financialInfo Elements from POST

financialInfo elements.

Element

Description

Criterion

Notes

avgSaleAmount

Average Transaction Value (ATV).

Required.

 

monthlyCardSales

Projected monthly credit card sales.

Required.

 

annualCardSales

Projected yearly credit card sales.

 

 

annualRevenue

All company-generated annual income, not limited to card revenue.

Optional.

 

fundingCurrency

Funding currency code.

Required.

See General Element Codes > financialInfo

cardPresentAcceptancePercent

The percentage split of card present transactions.

Required.

 

internetAcceptancePercent

The percentage split of internet and, or ecom transactions.

Required.

 

motoAcceptancePercent

The percentage split of mail-order and, or telephone-order transactions.

Required.

 

businessEmailAddress

Business email contact.

Required if internetAcceptancePercent > 0

 

businessWebsiteURL

Business website URL.

Required if internetAcceptancePercent > 0

 

depositFrequency

The annual turnover of deposits (in %).

Optional.

 

depositSizePercent

Deposit percentage of transaction value.

Optional.

 

depositBalanceDays

How many days in advance of supply of goods and, or services is balance paid?

Optional.

 

depositFulfillmentDays

The number of days from deposit until full payment.

Optional.

 

fullPaymentPercent

What percentage of turnover relates to upfront full payments?

Optional.

 

fullPaymentFulfillment

The number of days until fulfilment.

Optional.

 

utilizeCVV2

Is cardholder verification value captured for all internet transactions?

Optional.

True or False.

recurringTransactions

Does business apply recurring transactions?

Optional.

  • True if Yes

  • False if No

contractTermType

Length of the contract, in months.

 

See General Element Codes > financialInfo

monthsClosed

The number of months the business is closed for seasonal businesses.

Optional. 

 

paymentServices

Is this a payment services provider?

Required.

  • True if Yes

  • False if No

thirdPartyProcessor

Is this a third party payments provider?

Required.

  • True if Yes

  • False if No

nonGovernmentNonProfit

Is this business a non-profit NGO?

Required.

  • True if Yes

  • False if No

 

 

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