Payments & Card Scheme Reconciliation
Payments, cards and PSP reconciliation for modern money movement.
Reconcile scheme settlements, PSP payouts, wallet ledgers and switch clearing with tolerance-aware matching, chargeback lifecycle handling and exception routing as files and events arrive.
The problem
The reconciliation problems this solves
Visa VSS/EPIN, Mastercard IPM/CSF, Amex, UPI, PIX, SEPA — every scheme brings its own hierarchy, fee model and reversal semantics.
Merchants demand penny-perfect payout reconciliation across gross, fees, refunds, chargebacks and holdbacks.
Presentment, first chargeback, representment, arbitration — each stage moves money and must reconcile end-to-end.
Volumes into the tens of millions per day with same-day settlement SLAs leave no headroom for manual triage.
Capabilities
What ReconIQ does for this use case
Out-of-the-box parsers for Visa VSS, Mastercard IPM/CSF, Amex, JCB, Discover, UPI, PIX, SEPA and PSP files.
Match authorization, clearing, settlement and GL simultaneously with N-way tolerance and reversal awareness.
Agents learn per-merchant fee patterns and cluster interchange breaks by BIN, MCC and product.
Stateful matching across CB stages with automatic tie-back to originating auth and settlement.
Kafka, Kinesis and webhook connectors for real-time exception detection under scheme SLAs.
Per-merchant payout evidence and downloadable reconciliation packs to end funding disputes.
Data sources supported
- Visa VSS-110/120/900 series, Base II / EPIN
- Mastercard IPM, CSF, T112/T140
- Amex, JCB, Discover, Diners scheme files
- SEPA SCT/SDD/Inst, UK Faster Payments, PIX (BR), UPI (IN), FedNow / RTP
- PSP payout files (Stripe, Adyen, Checkout.com, Worldpay, PayPal, Braintree)
- Switch, wallet ledger and core banking GL extracts
What this gives you
Designed with reference to the frameworks that matter here
Controls are designed with reference to these frameworks and regimes. See Security & Compliance for the full picture.
ReconIQ does not hold SOC 2 or ISO 27001 certification. Entries marked “(target)” or “(aligned)” describe design references and roadmap targets, not certifications we have earned.
Questions
Frequently asked
Does ReconIQ store PANs?+
No. Card data is tokenised on ingest; only masked PAN, BIN and last-4 are retained. Full PCI-aligned isolation with BYO-KMS envelope encryption.
How does it handle scheme mandates?+
Parsers are versioned per scheme release; ReconIQ publishes mandate-tracking notes with each release so operations teams stay ahead of Visa and Mastercard bulletins.
Can we reconcile in near real time?+
Yes. ReconIQ supports streaming ingestion, so scheme-vs-switch exceptions can be surfaced as files or events arrive, rather than at end of day.
See it on your data.
Try the live demo, or book a session to walk a payments & card scheme reconciliation workflow end to end.