Settlement
For Schemes & Merchants
Streamlined Schemes & Merchant
Settlement
ISG’s Merchant Settlement process is designed for reliability, transparency, and efficiency, aiming to simplify the complex landscape of financial reconciliation. Experience a settlement system that not only meets but exceeds industry standards, ensuring a secure and accurate financial settlement for your merchants. Simplify your payment transaction cycle with ISG’s reliable and configurable settlement solution.
- Best in the industry solution
- For all major schemes
- Customizable Products On The Go
Experience seamless clearing & settlement with ISG
ISG’s scalable solution for settlement can seamlessly integrate as a stand-alone system, enhancing your clearing and settlement performance without requiring extensive system changes. With unlimited channels, settlement, and billing currencies, our solution streamlines the entire process—from data validation to interchange rate qualification, rejects handling, merchant funding, billing, and reporting.
- Validate Transaction Data & Scheme Fees
- Calculate Individual Merchant Settlement
- Optimize Resources With Real Time Reporting
Streamlined Settlement Process
In our streamlined Settlement Process Overview, we initiate the secure loading of transaction data, validate for accuracy, and employ advanced mapping for efficient processing. Meticulous reconciliation ensures accurate financial alignment, while a robust investigation framework swiftly addresses anomalies. Efficient resolution follows, guided by a user-friendly process, and precise calculation engines determine settlement amounts based on reconciled data. The process concludes with the seamless generation of transparent and comprehensive settlement reports, providing clarity and reliability at every step.
Transactions
On-Us,Them-On-Us & Us-On-Them
Systems
Transaction Switch, Card Schemes & Core Banking
Input Data
Transaction Log File, Interchange Log File & Account General Ledgers
Process
Match Transactions and Resolve Exceptions
Output Data
GL Journal Vouchers, Scheme Outgoing Files & Settlement Files
Explore our Acquiring stack!
End-to-end acquiring solution and acquiring processing services for governments, banks, corporates, and fintechs
