Overview

Quarterly Network Reporting provides the data needed to complete network-mandated quarterly submissions — the Quarterly Mastercard Report (QMR) for Mastercard and the Global Operating Certificate (GOC) for Visa.

Quarterly Network Reporting is a paid add-on. Contact [email protected] to discuss access and enrollment.

Overview

Card networks require banks and program managers to submit quarterly activity reports to Mastercard and Visa. Lithic compiles and delivers these reports on your behalf.

Two separate reports are produced, one per network:

Report	Network	Cadence
Quarterly Mastercard Report (QMR)	Mastercard	Quarterly
Global Operating Certificate (GOC)	Visa	Quarterly

Delivery

Delivery method: Email to designated recipients at your organization.

Lithic delivery SLA: 5th business day of the month following quarter close (BD5).

Quarter	Quarter end	Lithic delivery by
Q1 (Jan–Mar)	March 31	5th business day of April
Q2 (Apr–Jun)	June 30	5th business day of July
Q3 (Jul–Sep)	September 30	5th business day of October
Q4 (Oct–Dec)	December 31	5th business day of January

Note on network submission deadlines: Mastercard requires QMR submissions around the 15th day of the month, if the 15th falls on a weekend the submission deadline will be the following business day. Lithic's BD5 delivery SLA is designed to give your team sufficient time to review the report before that deadline. Visa submission timelines vary.

Network submission

Banks are ultimately responsible for submitting quarterly network reports to Mastercard and Visa. Depending on your program setup, Lithic may submit on your behalf:

Program Managed (PM) programs: Lithic submits to the network directly on behalf of your issuing bank, where the bank has authorized Lithic to do so.
Other programs: The report is delivered to you and submission to your issuing bank is your responsibility, per your existing arrangement.