Merchant verification
Merchant residual verification at portfolio scale
Checking three merchants manually each month does not verify a portfolio of three hundred. Merchant residual verification means every MID and every fee line on every report is tested against your contract.
Your first audit is free
- One free audit on any processor format
- Map your Schedule A once, then reconcile every line item
- Then $147/mo Agent unless you cancel before your first charge
Spot checks create false confidence
Agents often verify high-volume merchants or recent boardings and assume the rest of the book is fine. Underpayment frequently concentrates on mid-tier merchants that never get manual review.
- High-volume MIDs can mask underpayment spread across many smaller accounts.
- New merchants are checked once, then never re-verified after rate migrations.
- Manual MID sampling cannot keep pace with monthly report volume.
- Without merchant-level evidence, disputes lack the specificity processors expect.
Verify every merchant, every line item
Residual Genius runs merchant residual verification automatically: expected vs actual residual for each MID and line item type, with exceptions ranked by dollar impact.
Merchant-level expected pay
Schedule A rates apply per merchant and fee category for the reporting month, not as portfolio averages.
Flag material variance only
Thresholds focus review on variance worth your time, not immaterial rounding noise.
Drill down by MID or fee type
Exceptions group by merchant or line item so you can verify patterns before you contact your ISO or processor.
Residual Genius, independent residual auditing for ISO agents.
Frequently asked questions
- What is merchant residual verification?
- Confirming that each merchant's paid residual on the processor report matches expected pay from your Schedule A for that period.
- Do I need merchant IDs in my export?
- Yes. Merchant-level verification requires merchant identifiers in the residual detail file you upload.
- Can I verify one portfolio before subscribing?
- Yes. Your first audit is free. Upload one report to see merchant-level exceptions across that book.
Ready to reconcile your next report?
No upfront payment. Start your first audit free, then $147/mo. Cancel anytime in one click.
Audit your first report free