Reconciliation, Settlement & Dispute Management System - StarRECON

StarRECON is a web based PADSS certified & PCI DSS compliance comprehensive 4 ways Reconciliation, Settlement & Dispute Management System for retail banking transactions, which has paved the way to mirror bank transactions from the Bank's Switch/Host/ATM-EJ/Interchange/Tie-up Banks, for managing net payments & receipts.

Product Highlights :

  • Can reconcile transaction initiated from any SST, Switch, CBS & Interchanges Viz VISA/MasterCard.
  • Support International Networks like VISA, MasterCard, UnionPay International, JCB, Amex, SCT, PULSE etc.
  • Support National Payment Network like Rupay (India), EthSwitch (Ethiopia), Interswitch (Uganda), GhiPSS (Ghana), LankaPay (Sri Lanka), National Payment Switch in Bangladesh (NPSB) , Neps (Nepal), ARTAJASA & PRIMA in Indonesia, LAPS (Laos) etc.
  • Support Automatic and Rule based Reconciliation.
  • Support ATM Cash Balancing.
  • Maintain and calculate fees/commission, tax etc.
  • Payment Gateway and Wallet Reconciliation.
  • Payroll Reconciliation.
  • Digital Banking Transaction Reconciliation:
    • Bill Payment Reconciliation
    • EFT and Cheque Clearance Transaction Reconciliation
  • Merchant Maintenance, Clearing and Settlement.
  • National and International Remittance [EFT, Nostro, Vostro].
  • Using AES algorithm for Security.
  • Reports can be filtered and generated based on almost all the entities/factors.
  • Highly parameterized, operational & decision-making system to support the fast changing requirements of the bank.

StarRECON being Awarded as the "Best Value Added Services Player" at 9th Edition Payment Industry Awards 2021. Features

For Demo & Product Brochures, kindly write us here.

Why Choose Us?

Having focused over 30 years on the Retail Banking Sector, the group with a vision to expand the business of providing highly efficient & customer-centric services, expanded into banking, development and promotion of Payment & Card Solutions for global requirements.

Value Added Services
HSM Supply, Maintenance and Support
Card Personalization Printer and EMV Personalization Application
POS Application Development and Customization