Clearing & Settlement Reconciliation

With the complexity of cards payment eco-system, the reconciliation process is complex and time-consuming.

B-CEPHAL offers a dedicated solution for automatic reconciliation without effort:

  • Load your files (settlement, clearing, bank accounts, currency exchange, retrocession, commission, MSC, acquirer fees, disputes, scheme fees, service fees, interchange, mark-up data, processor files,…) automatically in the tool
  • Create dedicated multi-panels screens to compare different sets of data
  • Create automatic reconciliation jobs via reconciliations keys that you define easily
  • Isolate no matched data for issue fixing or reporting

B-Cephal helps reducing the effort in back-office and improving the confidence in reconciliation process.

Function 1 : Sourcing

  • Load the data sets to reconcile:
    • Through industry dedicated APIs (eg clearing & settlement date)
    • Trough automatic file transfers (eg scheme invoice, QMR, QOC,…)
    • Through forms (eg billing event parameters, dispute case,…)
  • Clean the data and perform the data prep (data enrichment)
  • Create the connexion between the different data set without code

Function 2 : Reconciliation

  • Reconciliation algorithm definition:
    • Reconciliation key between the different data sets
    • Interval of tolerance for reconciliation (expressed in absolute or relative figure)
    • Conditions for reconciliation (one-to-one, one-to-many, many-to-many)
  • Automatic reconciliation pattern parameterization
  • Reconciliation log
  • Reconciliation reset
  • Exception handling (partial reconciliation, duplicates, errors, out of balance, …)

Function 3 : Reporting & analytics

  • Non matched items logs
  • Non matched amount evolution per reconciliation item types
  • Case management
  • Dispute case management
  • Machine readable input for accounting or ERP solutions

Server & client environment

  • Require following components
    • ETL Server (Java)
    • Core B-Cephal server (Java)
    • Reconciliation module (Java)
    • B-Cephal client (.net)
  • Installation available on site or in SaaS mode
  • Runs on Windows (client and server) or Linux (only server)

Technical DB

  • The default DB is PostgreSQL


  • Multi user
    • Native authentication and log in function
    • Possibility to integrate corporate Single Sign On protocol
  • Archive and purge
    • Native archive function to schedule DB back-up
    • Native purge function to reduce DB size without impacting business operations
  • API and FTP
    • API secured via HTPPS and client password authentication
    • FTPs solution for file exchanges

Merchant acquirer Case


ATM acquirer Case


BIN sponsor Case


See all modules

Clearing & Settlement Reconciliation

Payment Reconciliation

Scheme Cost Analytics

ERP for Acquirers

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