Clearing & Settlement :   Dispute Management :
The Clearing and Settlement system module processes all the switch transactions acquired by the bank.
Claim file contains all those transactions which are successful and settled for merchant payment.
Read all claim files and verify transaction leakages
All these transactions can be optionally processed for merchant settlement and MPR (Merchant payment reports and interfaces).
 
Automated Chargeback management
Retrieval request through closure
Auto generation of exhibits / letters
Generation of outgoing chargeback files
Document Attachment Facility
Good Faith management
     
Fee Management :   IRD Management :
Fee Calculations
Ageing Analysis
Transaction Matrix Analysis
Funds Tracking
 
Population of IRDs as per Mandates
Audits of IRD values
Ensure proper IRDs to avoid rejections
     
MCBS & VIBS Management :    
Daily Clearance Incoming & Outgoing
POS & ATM Switch Fees
Inter & Intra Regional Charges
Issuer and Acquirer Authorization
Service Charges
Miscellaneous Fees
   
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