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NewProduct
Surpass competitors with unique
visibility into residuals
ISOs can use ResidualReports.com to report residuals by
user or platform to create residual calculations for their
sales force, or they can use their API for reporting. Also
available for agents is a customizable, real-time under-
writing application that can be downloaded from both the
App Store and Google Play.
Comprehensive reporting
apit, a spirited payment solutions provider Reports provide agents with a comprehensive breakdown
headed by engineers Frank A Cristaudo, CEO, of the monthly fee payout structure for each merchant
and Andrew Clough, COO, recently created account under their management, detailing collected fee
D ResidualReports.com, a centralized platform to amounts, line item by line item, and clearly presenting to-
report commissions for ISOs, merchant level salespeople tal monthly residual payments to be expected from ISOs,
(MLSs) and other sales reps working in payments and Dapit noted.
other commission-based industries.
ResidualReports.com is forged from IP technology that has
This new offering is in line with Dapit's mission, which is served merchants for years, Dapit stated, adding that Re-
to democratize payout services by revolutionizing the way sidualReports.com provides agents full transparency into
transactions are processed. As disruptors in the field, the the fee revenue made by ISOs, offering agents a means to
company stated, we are committed to streamlining busi- hold industry partners accountable .
ness processes, eliminating unnecessary middleware, and
empowering both merchants and consumers with unprec- ISOs seeking a competitive advantage can offer agents un-
edented optionality, cost savings and transparency. der their management unique visibility into their residual
revenues for each merchant account and deliver transpar-
As Dapit’s first product to market, ResidualReports.com ency via easy-to-read spreadsheets broken down into line
will be a foundational product, promoting brand aware- items according to residuals generated by fee type, includ-
ness that our products aim to solve a business need and ing totals owed to the agent, Dapit said.
serve a social good, the company noted.
Custom integrations Company: Dapit
Product: ResidualReports.com
Dapit offers individual monthly subscriptions for Re- Website: www.dapit.com/solutions/residualreports
sidualReports.com to agents in addition to collaborating
with ISOs to develop custom API integrations, allowing Contact: serviceteam@dapit.com
ISOs to offer their MLSs direct access to ResidualRe-
ports.com's functionalities
Upcoming
Upcoming
Industry
Industry
Shows:
Shows:
2024 MWAA Conference 2024 PCI SSC North America Community Meeting
When: July 24 – 25, 2024 When: September 10 – 12, 2024
Where: Chicago Marriott Downtown Magnificent Mile Where: Boston
Registration: https://midwestacquirers.org/register/?ac=register Registration: https://events.pcisecuritystandards.org/2024-boston
All Wireless & Prepaid Expo (AWPE) Money 20/20 USA
When: August 27 – 28, 2024 When: October 27 – 30, 2024
Where: Caesars Palace, Julius Ballrooms Where: Las Vegas, NV
Registration:https://www.allwirelessexpo.com/ Registration: https://us.money2020.com/attend
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