June 23, 2022

Pre-release Notes for July 7, 2022

Fixing an issue where acquirer fees are incorrect on reversals

Previously, transaction settlement amounts, acquirer fees, and transaction event amounts would be incorrect in certain situations after a reversal until Lithic reconciled the transaction. With this change, Lithic will be consuming additional fee fields from the payment network, and the amounts will be correct as soon as the reversal is processed. Past transactions will not be updated, and the updated calculation will apply to transactions going forward.