Activations
What happens between a decision and a first settled batch. An approval is not revenue until a merchant has run a transaction, and this is where that gap closes.
IN ACTIVATION
1
ACTIVATED
1processing
WAITING ON MERCHANT
3you can chase these
Ferris Freight Systems
MID 9701‑0042‑8814FERRIS FREIGHT SYSCheckout Fox — hosted
3 of 9APPROVED
Decision issued
PROCESSOR2026-08-29
MID assigned
PROCESSOR2026-08-29
One MID. No secondary account is opened for this merchant, ever.
Merchant agreement countersigned
MERCHANT2026-08-30
Gateway credentials issued
ALTIRAS
Integration call booked for Sep 2.
Descriptor confirmed on a test authorization
YOURS TO CHASEMERCHANT
Catalog registered — SKUs and documentation
YOURS TO CHASEMERCHANT
Checkout Fox blocks any SKU that is not registered.
Test transaction settled
YOURS TO CHASEMERCHANT
First funding confirmed
BANK
Activated
ALTIRAS
YOUR MOVE
3 steps are waiting on the merchant. Start with: descriptor confirmed on a test authorization.
Calder Mining Supply
MID 9701‑0039‑2260CALDER MINING SUPCheckout Fox — hosted
9 of 9LIVE
Decision issued
PROCESSOR2026-08-08
MID assigned
PROCESSOR2026-08-08
Merchant agreement countersigned
MERCHANT2026-08-09
Gateway credentials issued
ALTIRAS2026-08-11
Descriptor confirmed on a test authorization
MERCHANT2026-08-12
Catalog registered — SKUs and documentation
MERCHANT2026-08-13
Test transaction settled
MERCHANT2026-08-14
First funding confirmed
BANK2026-08-17
Activated
ALTIRAS2026-08-15
Owner is who the step is waiting on. An agent can chase a merchant step and nothing else.
A step owned by the processor or the Bank has no agent action attached to it. Calling to ask for an update on one does not move it, and the desk logs the call either way.