Digital Transaction Reconciliation made Simple and Secure for Banks
We are aware, authorisation and approval of credit or debit card transactions are fully mechanised by the card issuer banks. When every process inside the payment authorisation is so fully automated, have you ever wondered, if there is a need at all for the banks to have a separate Card Transaction Reconciliation process. If you did, then consider these possibilities: loss of transactions over the net, double debits to customer accounts for a single transaction and excess (or duplicate) claims made by counter parties. Finally be also aware that each of the participating entities in payment authorisation, cut-over their daily operation cycles at different time period of the day. This results in the transaction extract for a day from one entity never really matching with the extracts of other entities.
Card transaction reconciliation, therefore mitigates operational risks and helps financial institutions in confidently settling the disputes raised by their customers.


What Follows
Reconciliation...
Reconciliation, as a concluding process in managing the daily transaction cycle, is composite of the following activities.
- Reconciling Interchange settlement accounts
- Balancing ATM cash
- Settling Merchant Accounts
- Handling Disputes & Chargebacks
- Validating General Ledger Balances
We support our customers with a specific product for each of the above activities.
Hello Banker..
Are you interested in retail payments reconciliation? Are you on the look out for a MasterCard, Visa, Amex or other interchange transaction reconciliation? We value your relationship. Kindly leave a message for us to reach out to you.

Operating system agnostic
RDBMS agnostic
MVC framework

New Services could be added
System could be Load balanced


Not just existing channels
New evolving channels could be added


Audit Trail

All Everyday processes are automated
Manual Intervention only for control & configuration

ATM, Pos, E-Commerce
and Mobile Transactions

TRANSACTION EXTRACTS
FROM CORE BANKING
OR
TRANSACTION EXTRACTS
FROM CORE BANKING
OR
TRANSACTION EXTRACTS
FROM CORE BANKING
OR
VISA, MASTERCARD,
AMEX, RUPAY AND
OTHERS

times

Operational
Risks

balance atm cash
settle merchant account
manage chargeback

products