Settlement Routing for a Single Company with Multiple MIDs
  • 29 Jun 2023
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Settlement Routing for a Single Company with Multiple MIDs

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Article summary

Overview

This document describes the process for configuring the ERP where there is a single Versapay Cloud Platform account that includes multiple MIDs. This is often the case where a store with multiple locations operate within a single company so they can share customers, inventory, etc. In addition, the client might prefer to view the merchant data from a single portal. Historically, this was not possible because an EFT Store record could only reference a single Gateway No. and Gateway Account No. that, in turn, was configured for a single Merchant account. With the advent of the VPYNETWORK Gateway, the routing happens in the Versapay Cloud Platform, and, thus, the Gateway Account does not need to be limited to one single merchant account.

With the 4.3.2 release, we introduce settlement routing through Routes. Settlement routes are configured on the Gateway Account record and mapped to on the Store record.

In order to setup the Route Codes, you will need to use Verify Connectivity action from the Gateway Account or the Versapay Cloud Platform Log.  Doing so will confirm the account is configured properly, but also create a Closed Versapay Cloud Platform log entry with Entry Type of System Check. From here, you can use the Related > System Check Details or drill into the “No. of System Check Detail Records” field to see the information.

Here you will see all the Merchant Account Tokens, with relevant information, including Address info, as it has been configured. The Merchant Account Token then needs to be plugged into the Gateway Route Identifier field in Routes Setup.

In the Code field, enter a unique 10-digit value to help identify the merchant account. You can use the Description field for more information, but that will not appear on the transaction.

Once the routes are established, we can assign them in the Store Methods. In the new Gateway Account Route Code field, we’ll select the appropriate Gateway Account Route based on the Gateway Route Identifiers that were previously established.

Now, when doing an EFT Transaction, we can see the Gateway Account Route Code and Gateway Route Identifier on the transaction.


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