Statement descriptors are concise texts that provide a brief summary of each payment. Understanding how statement descriptors work and optimizing their clarity is essential for merchants and payers. This article aims to provide a simplified overview of statement descriptors and their impact on payment identification.
Banking Partner Statement Descriptor
Two Drop: PayStand.com Transfer AMNTS: 66,28 CCD ID: WFMSTRIPE1
Transfers: PAYSTAND SV9T CustomerPhone 170609 Merchant Name 1043575881 R00000091004137894417
Cards: PST*Merchant Name
Echecks: Customer Phone, Customer Name
Note that although we enforce a maximum of 22 characters, most banks truncate this information or display it inconsistently. Some banks may not display any descriptor information at all.