Settlement and Reconciliation

Whether you need assistance with your existing settlement system, developing a system from start, selecting an "Off the Shelf" system, or having problems with settlement and reconciliation, we at Statera Consulting can help.

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Areas of expertise:

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• Settlement of both issuing and acquiring institutions.

• Support of payment network, including “On-Us” settlement.

• Daily device (ATM & POS) and bank account settlement and reconciliation.

• Multi-phase settlement checks and balances.

• Dispute management integration and adjustments.

• Reconciliation of all transaction categories such as purchase, withdrawals, surcharge, interchange, and adjustments.

• Partial settlement process with account balances.

• Settlement splitting to multiple payee accounts.

• Customizable ACH scheduling (daily, weekly, monthly, or terminal batch close).

• Detail and Summary Settlement Reporting (Bank, ISO, and Merchant level).

• ACH file generation for overnight Bank Clearing Network.