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The Clearing & Settlement module assists a variety of payment card brands’ clearing procedures (MasterCard, VISA etc.), national clearings and further serves “settlement” to local payment processing centers. The system is tailored to provide payment exchange amount between different financial institutions.
Furthermore, the clearing & settlement module works smoothly for international clearings. The module automates and monitors incoming/outgoing file procedures, validation steps, post fee calculation, and consolidation services.
The module operates swiftly and sustains a stable operation on every possible case involving clearing & settlement from point A to point B.