Changing WebStore Remittance Type

Hi Everyone,

Wanted to pass along some information to you about WebStore Remittances and if you change your payment method (ex: from check to ACH) in the middle of a period that spans a month, you may receive two different forms of payment for the one period.

Our payment system splits transactions at the end of the month but the payment periods are bi-weekly and not based on month end. Here’s an example of what could happen:

Period Dates: 4/27/09 – 5/10/09
Changed your Payment Information from Check to ACH on 5/2

Since we split the information on the month,

Transactions that took place between 4/27 & 4/30 – you receive check
Transactions that took place between 5/1 & 5/10/09 – you receive ACH

This will not affect the following situations:
· If no changes are made to remittance.
· If the period does not span two months when a change is made.
· If the period spans two months, but the changes are made in the first of the two months (in the example above, if the change was made on 4/28).

Hope you're having a great summer!