TraReconcile : Electronic transactions and settlements reconciliation solution

What is TraReconcile ?

TraReconcile is a reconciliation platform for electronic payment transactions that ensures unitary matching of transactions carried out on the various acquisition channels (ATMs, POSs, Internet and Mobile) by the cards and/or the merchants and provides the reconciliation of settlements exchanged with the other payment actors (local banks, national / regional switch and payment schemes, …).

Who may use TraReconcile ?

TraReconcile addresses the matching and reconciliation needs of any institution that processes electronic payment transactions:

– Issuer
– Acquirer
– National or regional switch
– Payment scheme
– Processor

Main functions of TraReconcile

Integrating all transactions and settlement data flows, TraReconcile provides the following major functions:

– Integration and Consolidation of transaction and settlement data into a centralized database.
– Unit transaction matching to trace the routes and validate the status of each transaction.
– Reconciliations of the settlement data exchanged with the various partners and explanation of discrepancies.
– Presentation and exploitation of results.