Settlement, Reconciliation

and Data Mining

Enjoy transparent and frictionless reconciliation and transparent billing while having the rich raw data sets required for your business intelligence and data mining

Handling the complexity

for you

Managing regulated products is complex. Many businesses operate across multiple jurisdictions where payment channels can change depending on the country of operation. Fees and costs often depend on regulation, the type of program and, of course, the product proposition. Change is continuous, particularly in how fees are charged, and costs calculated. 

Flexible Billing

Setup billing to your end-customers according to your business model

Transparent reconciliation

Understand your costs and easily track them as deep as on a transaction level.

Make use of data

All your data at your fingertips. Analyze in the way and form useful for your business.

Reconciliation &


The range of payments available is broad and complex.  SEPA, SEPA Instant, card payments, Faster Payments, BACS, Chaps, SWIFT, Open Banking and card acquiring are amongst an ever-growing number of payment methods available. Each type of payment has its own clearing organization and timeframe.  Add to that multiple currencies and FX and you have a complex environment to manage.

Paynetics has highly sophisticated financial systems that provide daily reconciliation across all accounts and all payment types. We settle on behalf of all our partner with every clearing house and scheme on a daily basis ensuring the funds we hold on behalf of the accounts holders are always accurate and reflect the true balance on the account.

For our acquiring partners, we ensure funds are settled in a timely manner to the merchants designated accounts.


Accurate and timely billing is an essential element for all partners and their end-customers.  Paynetics provides a comprehensive billing system that ensures fees and costs are accurately recorded and the appropriate transactions made to the end-user accounts. Subscription, transaction, FX, load, spend, dormancy, card and acquiring all amongst the fee types available.

 Scheme and Banking costs are made available in a timely and transparentis Partners  running on dedicated BINs have even further visibility of all fees by getting raw reporting from the card schemes and issuing processors.

 We will provide you guidance and know how to ensure that end-customers’ fees are consistent with regulatory requirements. That fees are proportionate and visible to the end-user. We will also ensure that fees are correctly published within the account holder terms & conditions and any changes are correctly communicated to the end-user.



Operating financial products generates a vast quantity of data.  Harnessing this data to better understand customers provides a huge opportunity to our partners.  Data comes from a wide variety of sources:  applications, card transactions, banking transactions, personal data, mobile usage, behavioral data, billing data and product selection all provide key insights to the use of program propositions.

 At Paynetics, we recognize that data needs to available, accurate and timely.  Being in the Cloud we have pooled data into easy to access databases that can accessed via our API’s.  The data is well structured and provides key insights to the use of propositions. It can easily be labeled to get use of machine learning algorithms as ell.  For example, for onboarding, knowing which channel a potential account holder chooses to apply for the product, the order in which the application is made, the time spent in KYC, the probability of drop off points, the actual products considered & chosen to provide rich information from which a better user journey can be planned. 

 Every element of a product proposition can be investigated to improve the product and to provide a better journey for the customer. Not only is this important for product improvement it also key to be sure that the right customers and using the products in the right way.  Regulators want to be sure that any financial product is being used by targeted customer demographic in a safe and appropriate manner. This becomes particularly important if products could be used by vulnerable customers for example, distressed customers or children.