Here's a simple guide to help you differentiate between these two transaction types.
Nomni Rewards Transactions
Nomni Rewards transactions, also known as Nomni Rewards Redemptions found in your statements, represent the utilization of Nomni Rewards during the statement period. These are the Brandollars that were redeemed by your customers when making purchases.
Liven Pay Transactions
On the other hand, Liven Pay transactions are found within the total gross sales processed through Liven during the statement period. Total gross sales include all transactions conducted via Liven Pay and Nomni Rewards.
To differentiate between Liven Pay and Nomni Rewards transactions, use the following formula:
Nomni Rewards Transactions = Nomni Rewards Redemptions
Liven Pay Transactions = Total Gross Sales - Nomni Rewards Redemptions
By understanding these distinctions, you can gain valuable insights into your business's financial activities and effectively manage your revenue streams.
Any feedback on our statements? Contact us or leave us feedback here
