MX Merchant Release (February 20, 2024)
MX Merchant
This release includes the following adjustments:
New Features
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Rules Based Funding: We've introduced a significant enhancement to funding functionality for merchants. Previously restricted to a single funding account, merchants can now split transaction amounts across multiple accounts. This upgrade provides greater flexibility and control over fund allocation, catering to diverse business needs and enhancing financial management capabilities.
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Improved Payment Decline Handling: To streamline payment processing, we've integrated new data fields—MerchantAdviceCode and MerchantAdviceMessage—into MX Merchant and associated applications. These additions provide detailed insights into why VISA or Mastercard transactions are declined, helping to minimize unnecessary authorization attempts and associated charges. This enhancement aims to optimize transaction processes and improve overall efficiency for our users.
Fixes
- Report Functionality Fixes: Resolved issues with filters and search boxes in ACH Funding, transaction, and batch reports. Users can now utilize search functionality as intended across all reports.