Merchant Card-Settlement Records

Merchant Card-Settlement Records are comprehensive datasets provided by acquiring banks, typically on a daily or monthly basis, that document the settlement of card-based transactions conducted by merchants. These records serve as an official ledger of all card payment activity processed through the merchant’s point-of-sale (POS) terminals. The data includes detailed information such as gross card sales volumes, the total value and count of refunds, transaction timestamps, terminal IDs, merchant identification numbers, and sometimes the breakdown of card types (e.g., credit, debit, prepaid). Additional fields may capture chargebacks, adjustments, settlement dates, and batch numbers. These records are crucial for reconciling merchant accounts, monitoring transaction patterns, and detecting anomalies that may indicate fraudulent or suspicious activity. They provide a granular view of a merchant’s card-based revenue streams and refund behaviors, supporting both financial reporting and AML/CFT monitoring processes.