Financial Notifications

CLOWD9 can provide Financial messages in two ways:

• Configured endpoint: The messages will be provided as CLOWD9 process the records received from the Network
• Presentment, Interchange & Fees report: A PIF report is sent daily at the configured time. The report will provide any records received and processed in the previous 24 hours

First Presentments

Following a succesful authorization, the Merchant / Card Acceptor will present the clearing to the Network via the Acquirer.

CLOWD9 will receive and process the clearing record for the Cardholder to be debited or credited. You will be require to settle the transaction value + / - the interchange value to the Network via the agreed settlement process.

Chargeback & Second Presentments