Customized Settlement

Improving the reconciliation process is the most common concern of our clients. Point & Pay offers managed settlement, controlling when and where transactions are funded. Reconciliations for our clients are as simple as matching our report’s deposit summary to the bank statement.

Features

• Consolidated settlement for all card and check types

• Individualized payment routing for different departments, locations, or payment types

• Consolidation of reporting and settlements for payments routed to general funds

• Expedited or delayed settlement

• Informative settlement reporting detailing the specifics of settlement releases, and the transactions that encompass those batches for easy reconciliation

• End-to-end tracking of transactions from authorization to settlement in our reporting tools

Relevant Markets: Government, Courts, Utilities, Higher Education, Healthcare, Insurance, Rental Properties