Seeing a WELLS FARGO MERCHANT SERVICES charge on your statement?
Common ways WELLS FARGO MERCHANT SERVICEs charges might appear on your statement
- WELLS FARGO MERCHANT SERVICES
- WELLSFARGOMERCH
- WELLS FARGO MS
- WELLS FARGO PAYMENT SVCS
- WELLS FARGO POS
- WFMS PAYMENT
- WELLS FARGO SETTLEMENT
- WELLS FARGO BATCH
- WELLS FARGO ECOMMERCE
- WELLS FARGO ACQUIRING
- WELLS FARGO REFUND
What is Wells Fargo Merchant Services?
Wells Fargo Merchant Services provides card processing and point-of-sale (POS) settlement for small and medium-sized businesses. If you’re a merchant, these represent fees, deposits, or settlements; if you’re a customer, these indicate that the business you paid processes payments through Wells Fargo’s acquiring network. Learn more at their site.
Common causes for WELLS FARGO MERCHANT SERVICES charges
- Daily or monthly processing fees for merchant POS accounts.
- Batch settlements from customer credit card sales.
- eCommerce gateway or authorization fees.
- Chargeback fees or dispute reversals.
- Refunds or returned deposits.
Decoding WELLS FARGO MERCHANT SERVICES tags
- WELLS FARGO MERCHANT SERVICES / WELLSFARGOMERCH identifies card-processing charges, deposits, or merchant account fees.
- WFMS PAYMENT / WELLS FARGO POS marks regular settlements or debits for transaction processing.
- WELLS FARGO BATCH / SETTLEMENT refers to daily batch funding to a merchant account.
- WELLS FARGO ECOMMERCE indicates processing for online transactions.
- WELLS FARGO ACQUIRING represents the acquiring bank’s processing identifier for credit card transactions.
- REFUND shows credit adjustments or reversals of merchant-related fees.
