Save Time, Money and Labor with Settlement Reconciliation Service
Welcome to MerchantConnectSRS.com! Our Settlement Reconciliation Service (SRS) tool
is the latest enhancement to Merchant Connect, providing you with easy-to-understand
breakdown of your credit, debit and gift card activity settled by Elavon.
This site will allow you to access information related to Settlement Reconciliation
including:
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Tax ID Number (TIN) Validation: Check to ensure Elavon has your correct TIN and
Legal Business Name on file to avoid IRS-mandated backup withholding. If your information
does not match, you will be directed to securely submit a Form W-9 Online.
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Processing Volume: Easy access to processing amounts are updated monthly to provide
reports on your settlement activity, chargebacks, and other expenses related to
your card payment processing.
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Simple and Clear Reporting: Reports are easy to understand and roll up monthly,
quarterly, and annually for up to 4 years.
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Electronic 1099-K: Sign up to receive your Form 1099-K electronically to avoid postal
delays.
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You'll be able to obtain not only the gross volumes settled by us and reported to
the IRS, but also see details on chargebacks and other costs and credits that can
be applied to determine net electronic card information settled through us. This
is especially helpful when reconciling TIN vs. MID-level information.