How do payee corporations receive their payment transaction reports?
• Batch Payment (applicable to low transaction volume payee corporations only): This is a standard format of reporting. The reports will be sent on the next working day via e-mail for the payee corporation’s accounting requirements as well as for settlement/reconciliation purposes. • Data Payment File (applicable to high transaction volume payee corporations): The reports will be sent on the next working day via e-mail in text format. The payee corporation can populate the data directly into their billing system.
