PayG Reports - Presenting Transaction Details At Your Fingertips

In a business, a merchant is all in all, and entire responsibility of planning the business lies on the merchant. For proper planning, numbers are very important and to obtain numbers, they need reports. Be it the transaction report or sales report, merchants need these at their fingertips. So, PayG Payment Gateway offers complete transaction and settlement reports to assist them.

What Types Of Report PayG Offers?

PayG comes with a handful of reports to ease the merchants:

1. Transaction Report

The transaction reports on PayG help the merchants check complete transaction details so that they can get the summary on one page. These reports show

  1. Order details (buyer’s name, contact, mail ID, transaction amount, order ID, distribution ID, etc.)
  2. Transaction details (transaction ID, reference number, transaction request ID, authorized amount, transaction amount, fees, GST percentage and amount, payment method, etc.)
  3. Response (approved or failed)

Under transaction reports, there are sub-types of reports so that the merchants can access the specific report easily – these include:

  1. Transaction summary reports (displays complete transaction summary)
  2. Fee reports (shows the fee breakdown of each transaction in detail)
  3. QuickCode Transaction summary reports (explains the transactions done with Quick codes)
  4. Webhook data (illustrates the data exchanges between payment gateway and other applications)
  5. Reconciliation reports (matches the internal records with payment gateway records for further accuracy)
  6. Order failure reports (highlights only the failed transactions)

2. Settlement Report

Settlement reports denote the amounts PayG transferred to the merchants once they are done with deducting the applicable charges. Following details are available on the settlement reports are:

  1. Settlement amount
  2. Settlement period
  3. Date of settlement
  4. Status
  5. Beneficiary details (name, account number, IFSC, branch, etc.)
  6. Settlement status

There are 3 classifications of settlement reports, such as:

  1. Full settlement reports (displays complete settlement reports)
  2. Payment ledger (demonstrates all debits and credits)
  3. Batch settlement reports (shows batch-wise settlement reports)

Merchants can also add any date or date range or other filters to access the exact report/s.

How To Access Reports On PayG?

To access reports on PayG, all you need to

  1. Sign in to your merchant account
  2. Then, click on the "Reports" (for transaction report) tab or "Settlement Reports" (for settlement reports) tab

Are These Reports Downloadable From PayG Site?

Certainly, all the reports are downloadable, so that the merchants of PayG can open it and check it anytime. To download a report, a merchant only needs to add the filters and date ranges for the specific results and then click on the “Download” option atop the table - it will be saved as an Excel file on your device.

What Are The Benefits Of PayG Reports?

PayG reports are solely to help the merchants because accurate numbers are very helpful for them in different ways. They can use the reports to:

  1. Gain deeper insights into the transactions
  2. Plan the future of the business in a better way
  3. Stay informed about all the transactions
  4. Get hold of accurate information without any paperwork
  5. Understand transaction trends and common issues of payment failure
  6. Analyse how reliable the payment solution is

In short, PayG reports help merchants to understand and analyze their incomes and expenditures. Through these reports, they can clearly sum up how much they are earning from their business as well as they understand how much of that earnings goes out as fees. As a result, the merchants can have a better idea of the cash flow and make future decisions wisely.

Take a look at PayG’s product suite:

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If you are a merchant, you must be aware that generating all these reports manually is nonetheless a hectic task. And, to top it off, a small error can ruin the entire report; as a result, you will have to start it over again.

But if you onboard yourself with PayG, you do not need to put in any manual effort; just one click will generate these flawless reports. So, get started with PayG and avail these reports to monitor your transactions 24x7.

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