Enhance your financial workflows with FinBix - the advanced platform for payment orchestration, reconciliation, and financial analytics.
Business expertise. Breakthrough technology.
MasterCard Clearing and Settlement Reconciliation, Apple Pay and QMR reporting and Interchange analytics with profitability analysis
Merchant Data and Payout management, routing and orchestration in a number of formats such as Swift, RTGS, GIRO
Corporate Cards spend control with Base24 integration and MasterCard CDF3 support
Reconciliation Cycle Time
Manual Efforts
Cost on scheme fees
FinBix ReconX ® provides Net Settlement Drill-down up to a Transaction level, as well as Matching of Clearing with the Authorizations
With insights into spend patterns, merchants and IRD - FinBix acts as a powerful tool to forecast financial performance.
FinBix identifies and rectifies payment network fee discrepancies, ensuring accurate reimbursement for you.
Exclusive FinBix Batch ™ technology supports ultra-high TPS due to scalable bulk processing architecture.
An AI-infused FinBix ASAP Scheduler ™ - leveraging the power of fluent Natural Language Processing (NLP).
Issuing Reconciliation involves four positions:
As a Payout platform, FinBix receives payment instructions from Acquirer Banks and Payment Gateways, enriches the data according to Payee and Beneficiary Bank Details stored in FinBix system, generates Payment Instructions respective to Payout methods such as RTGS, Swift, ACH - and sends these payment instructions to settlement banks.
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