Reconciliation, clearing, and settlement are critical processes for ensuring operational efficiency, financial transparency, and profitability in any payment ecosystem.
When transactional reconciliation is not automated and is managed manually or in a fragmented manner, operational risks, reprocessing, and costs associated with transactional errors increase.
RECONPRIME® is a back-office solution designed to perform automated transaction reconciliation with all participants in your network: franchises, processors, proprietary networks, issuers, acquirers, and third parties. Its architecture transforms reconciliation into a structured, reliable, and scalable process, aligned with the operational and regulatory standards of the financial industry.
RECONPRIME® performs end-to-end automated transactional reconciliation processes, eliminating manual tasks, significantly reducing operating times, and improving the traceability of each transaction. The platform allows you to compare, validate, and reconcile information from multiple sources, respecting the business rules, formats, and agreements defined for each network participant.
Each reconciliation scheme is configured independently, providing total autonomy from network participants and avoiding technical dependencies, additional developments, or operational bottlenecks.
RECONPRIME® has an intuitive and highly customizable configuration environment. This allows you to simultaneously manage multiple networks and participants, considering:
Participant role (issuer, acquirer, or mixed).
Commercial conditions and specific agreements.
Statement structure and information exchange mechanisms.
This flexibility facilitates business expansion and the incorporation of new partners without affecting existing operations.
RECONPRIME® fully covers all stages of the automated transactional reconciliation process, including:
Processes can be executed manually, on a scheduled basis, or fully automated, even for multiple networks simultaneously, optimizing resources and reducing operational risks.
RECONPRIME® incorporates advanced transactional query capabilities that strengthen customer service processes. Searches can be performed by card, BIN, terminal, date, or participant, facilitating the management of claims, chargebacks, and clarifications.
This visibility improves the experience of customers and partners by providing quick responses based on reliable information.
In the clearing and settlement process, RECONPRIME® allows you to accurately establish the amounts to be collected or paid between exchange participants, calculating the net balance position of each one.
The solution automates the calculation of network traffic fees, switch services, exchange fees, and exception handling, for both monetary and non-monetary transactions.
Additionally, RECONPRIME® incorporates transactional profitability analysis, providing key information for strategic decision-making and business model optimization.
RECONPRIME® operates under strict security and compliance standards, including PCI, and financial industry best practices, ensuring the protection of sensitive information and the integrity of transactional data.
Automated transaction reconciliation is no longer just an operational process; it has become a strategic enabler for the growth, transparency, and sustainability of your business.
Executes large-scale automated transactional reconciliation processes, handling thousands or millions of payments with high levels of accuracy, availability and performance.
Provides full visibility into every transaction, facilitating accountability with customers, partners and regulators.
Centralizes reconciliation, clearing, settlement, and profitability analysis on a single platform, integrating naturally with your business's technological ecosystem.
