Credit Card Reconciliation

Credit Card Reconciliation Software

ReconArt automates credit card statement matching across all card schemes and payment gateways — handling chargebacks, processing fees, and multi-source three-way reconciliations with full audit visibility.

Why ReconArt

Key Features of Our Robust Credit Card Reconciliation Solution

  • Multi-stepped matching for any card process

    Reconcile credit card statements, payment gateways, bank settlements, GL entries, POS data for e-commerce platforms, and corporate expense management systems — all within a single workflow.

  • Cross-source transaction matching

    Match transactions across credit card statements, PSP transaction reports, and merchant POS records on bank statements. Three-way reconciliations are made effortless.

  • Exception detection and fraud prevention

    Automatically detect and categorise exceptions such as mispostings, chargebacks, and credit card processing fees. Built-in patterns assist fraud prevention efforts.

  • Handles diverse reconciliation scenarios

    Sales transactions, vendor payments, corporate credit card programs, and employee expenses — ReconArt adapts to each process with configurable rules and matching logic.

  • Full visibility into card accounts

    Gain complete visibility into credit card accounts even with complex matching scenarios and high transaction volumes. All card schemes — Visa, Mastercard, Amex — are supported.

  • Accurate fee calculations and time difference handling

    Multiple recon codes and recon types across processes. Supports the calculation of processing fees and handles time differences across systems and regions.

Process

How It Works From card statement to certified close

Ingestion & Data Sources

Card Statement

Payment Gateway

Bank Feed

GL / ERP

POS / Orders

Normalise

Ingestion and Normalisation Layer Format Standardization

Transforms heterogeneous formats — CSV, XML, JSON, EDI, PDF — into a unified transaction schema with standardised dates, currencies, and identifiers.

Matching Engine

Matching Engine Rule-Based Reconciliation

Configurable rules engine with tolerance thresholds, fuzzy matching, and auto-classification of chargebacks and fees.

Exceptions

Exception Management Break Resolution

Auto-categorisation of breaks, aging analysis, root cause tracking, and escalation workflows with full audit trail.

Key Benefits

Why Finance Teams Choose ReconArt for Card Reconciliation

By implementing ReconArt’s credit card reconciliation software, businesses gain full control over card settlements, reduce chargeback losses, and ensure accuracy in financial reporting.
01

Faster settlement verification

Automate matching of card transactions against merchant settlements and bank deposits to close faster.

02

Chargeback & fee tracking

Automatically detect, categorise, and track chargebacks, processing fees, and reversals across all card schemes.

03

Three-way reconciliation

Effortlessly reconcile POS, payment gateway, and bank statement data in a single automated workflow.

04

ERP & GL integration

Seamless integration for adjustments and journal entries approval and export to your ERP or general ledger.

Analytics

Real-Time Card Reconciliation Dashboards

ReconArt’s card reconciliation dashboards give controllers and finance ops teams visibility across every card scheme, entity, and settlement cycle. Track transaction volumes, match rates, and exception trends in real time with the ability to drill into any metric and resolve issues before they impact the close process. Handle growing card transaction volumes without increasing manual workload or operational overhead. Continuous visibility, not just end-of-month reporting.

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From Our Blog

Insights & Resources

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