FSS Reconciliation Services

9. November 2017.

Rapid growth in the electronic payment channels poses several challenges such as handling diverse types of reconciliations, fluctuating volumes and time-bound dispute resolution escalating resource requirement and costs. These challenges call for a robust reconciliation environment. Transactions get registered at several entities such as terminals, acquirers, issuers, interchanges and hosts. Timely transaction reconciliation ensures proper accounting, settlement and dispute resolution.

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