Your Worldpay invoice lists all the charges owed by you for the invoicing period. For a breakdown of what each charge is in relation to please click on the icon next to it for an explanation.
This is the date on which the invoice is issued. All transactions settled between this date and your previous invoice date will be included on the invoice in question.
This is the unique number you are given when you sign a contract with us which identifies your business on our system. This is also know as your Merchant ID or Customer number.
This section is a summary of all the charges that have been applied to your invoice.
For each transaction you take Worldpay charge a percentage fee to process the transaction. Cards Acquired are those under the MasterCard, Visa and Discover Global Network schemes.
There are cards from other schemes such as American Express which are charged at a different rate.
These are charges which relate to non-transactional fixed fees, such as terminal rental fees, Safer payments programme fee, PCI non-compliance fee.
Premium charges are applied in addition to your transaction fees, these charges are associated with transactions which have a higher risk weighting and therefore attract a higher cost of processing.
This column is a breakdown of the various different card types that you have accepted over the invoice period.
This is the total volume of transactions you have taken for the associated card types during your invoicing period.
Some card types have a one off fee attached to each transaction you process. If this is the case the fee amount will be listed here.
This equates to the total value of transactions processed for the associated card type.
The majority of transactions are charged at a percentage of the transaction value. The rate at which you are charged will vary depending on the card type used to perform the transaction. The percentage charge for each card type will be listed here.
The total value of charges associated with card type for your invoice period are listed here.
The assigned VAT will relate to the VAT rate applied. Standard VAT charged at 20% will be denoted by an S whereas anything that is VAT exempt (0% VAT) will be denoted by an E.
This section details the miscellaneous charges that have been applied to your invoice.
In some instances card transactions require authorisation from the card holder’s bank. If this has taken place a small fee will be applied. The total fees for the invoice period will be listed here, by card type.
The monthly charges for the rental and on-going maintenance of your Worldpay terminal.
If your monthly transaction charges don't meet the minimum amount agreed for your account, a MMSC is applied to your invoice. If your monthly transaction fees amount to more than your agreed MMSC threshold, the MMSC for that month will not apply.
The total charge applied to cover the costs of managing any chargeback requests on your account.
The monthly charge for customers who subscribe to full Worldpay Dashboard membership.
This charge is a monthly fee to cover your enhanced service to ensure you are PCI compliant. The SaferPayments Plus specialist team will guide you every step of the way through your compliance reporting and help you to improve your data security.
This annual fee is replaced by a £4 monthly fee offering you improved cash flow through removal of the annual charge, and also means you will only pay for the months you are registered.