Happy to help with your questions about the descriptors associated with our transactions and reports.
Fiserv Payout (FISERV PMNT SVCS/PAYOUT) is the descriptor you will see for ACH transactions. Those typically take 5-8 business days to hit your account.
Merchant Bankcard Deposit or MTOT is the descriptor you will see for credit card transactions. Those typically hit the account within 48 hours (business days).
These should match up with the report generated in Reconciliation Mode from our Payments Center.
The Breakdown - withdrawals
As for the statements, transaction fees are withdrawn from eCatholic as well as BluePay/CardConnect at the beginning of each month for the previous months' transactions. Here is a little more about how transactions typically appear on your bank statement:
"eCatholic/GabrielSoft" is how the 1% fee charged by eCatholic directly will be labeled. The statement for this is emailed to the email on the account.
"Merchant Bank CD or MTOT Deposit" is the label charged for any fees on your merchant account, including credit card processing fees. This statement is available in the CardPointe portal. Dana has access to these.
"Fiserv Payment Services" is the label for the $0.35 per transaction fee for ACH transactions. This statement is also emailed to the email on the account.