Reports

Residual reports contain details about your monthly revenue share based on the difference between your buy rates and sell rates. Buy rates are the amounts you pay Authorize.net for products and services that your merchants use. Sell rates are the amounts that you charge merchants for the products and services they use.

If your buy rate is higher than your sell rate for a given product or service, you are charged for the use of that product or service. In the reports, that charge appears as a positive fee. If your buy rate is lower than the sell rate, you earn a residual amount for the use of that product or service, and in the reports, that amount appears as a negative fee. If your buy rate is equal to your sell rate, you earn no residuals for that product or service.

If a merchant fails to make payment by the 15th day of the month, no residual is paid.

Residual reports enable you to identify this information:

Which merchants generate ongoing revenue
Which fees contribute most to your income
Merchants who need attention due to forfeited residuals
Opportunities to adjust pricing

Residual reports include these fees:

Monthly fees: The fees charged each month for maintaining the merchants' accounts
CC per transaction fees: The fees charged for credit card transactions
Total residuals earned or charged for merchants' accounts