Downgrades
Transactions qualify for a worse interchange rate than they should.
Invoice drift
Scheme and processor invoices move away from contracted rates release by release.
Mispriced merchants
Blended pricing does not cover the real cost of every transaction.
✓
Interchange qualification
Every transaction checked against the rate it should have qualified for.
✓
Scheme fee validation
Assessments, processing and service fees recomputed from your volumes.
✓
Invoice checks
Monthly scheme invoices checked line by line.
✓
Contract rates
Billed rates compared with your contracted rates.
✓
MDR and pricing
Merchant charges checked against your pricing, on both sides of the margin.
✓
Claims drafted
Over-billing collected into a claim with the evidence attached.
Read
Invoices and fee files are read line by line and mapped to fee types and rates.
Recompute
Expected fees are recalculated from your volumes, qualification rules and contracts.
Compare
Billed and expected fees are compared and every variance is valued.
Dispute
Over-billing is collected into a dispute with the evidence attached.
Fee lines
Expected fees are rebuilt from your own clearing volumes and the scheme fee schedule, then compared with what was billed.
Units, rates and amounts per line
Volume mismatches flagged
Rate variances valued
Thousands of lines per invoice
Scheme invoice · October
214 lines
Authorization fees
Matched
Clearing fees
Matched
Cross-border assessment
+€4,180
Digital enablement
+€141
Claim · October invoice
Case #2307
Total claim
€4,321
Evidence
3 documents
Approval
Head of Finance Ops
Status
Sent to scheme
Claims
Variances become one case with the invoice lines, contract terms and volumes attached, ready to send to the scheme.
Evidence attached automatically
Approval before sending
Tracked until credited
Booked to the ledger
Fee schedules
Scheme fee schedules and your contracted rates, versioned by date.
Schedules
Contracts
Effective dates
Mapping
How billing lines map to fee types and to your own volumes.
Fee types
Event codes
Volumes
Tolerances
Rounding and rate limits before a variance becomes a claim.
Amount
Rate
Rounding
Approvals
Who approves claims, and from which value.
Approvers
Thresholds
Four-eyes
of scheme fee lines checked every month
the invoice is paid, not after
per invoice, with every variance and its evidence
Safeguarding Reconciliation
Client funds against safeguarding, daily.
Learn more
›
Compliance Reporting
Reports generated from verified data, not assembled.
Learn more
›
Settlement Reconciliation
Every settlement tied to the activity behind it.
Learn more
›
Margin Assurance
Interchange, scheme fees and MDR in one margin view.
Learn more
›
Chargebacks & Disputes
Every chargeback tracked to the final booking.
Learn more
›
