How is the Statement Text used, or why to all my Return Transactions have the same reference?
This FAQ is applicable to those using the Australian ABA banking format.https://www.xappex.com/
The Statement Descriptor used on the ABA file and hence on the payer/donors statement and on the returns reference is derived from:
- If the Statement Text on the Direct Debit Batch then this is used
- Otherwise, if specified on the Recurring Payment in the field Statement Text then that is used
- Otherwise, if specified on the Merchant Facility in the field Statement Text then that is used
- Otherwise, the Payment Txn Name is used