You will receive a Statement of Account (SOA) and Excel Breakdown report for both Fave deals and Favepay based on your agreed-upon payment cadence and product. The default payment cadence for most local partners is weekly payments.
The SOA for FaveDeals is a statement that contains information such as your total revenue, number of vouchers redeemed, and Merchant Takeback. You will also receive a Fave Deal Excel report detailing the date and time, voucher activity and outlet for redeemed vouchers.
The SOA for FavePay is a statement that contains information such as outlet name, your total revenue, number of transactions, and cashback summary. You will also receive a FavePay Excel report detailing the bill amount, merchant cashback used, timestamp, Fave fees, and more for each individual transaction.
You can send a copy of your SOA to an email address of your choosing to view the SOA in FaveBiz Boss Mode.