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Payments & Card Scheme Reconciliation

Payments, cards and PSP reconciliation for the modern money movement stack.

Reconcile scheme settlements, PSP payouts, wallet ledgers and switch clearing with tolerance-aware matching, chargeback lifecycle handling and real-time exception routing.

50M+
Transactions/day
<1s
Per-txn match latency
3-way
Scheme · PSP · GL
For Payment OpsFor Merchant ServicesFor Wallet & Neobank OpsFor Card Issuers

The reconciliation problems this solves

Scheme file complexity

Visa VSS/EPIN, Mastercard IPM/CSF, Amex, UPI, PIX, SEPA — every scheme brings its own hierarchy, fee model and reversal semantics.

Merchant funding disputes

Merchants demand penny-perfect payout reconciliation across gross, fees, refunds, chargebacks and holdbacks.

Chargeback lifecycle

Presentment, first chargeback, representment, arbitration — each stage moves money and must reconcile end-to-end.

High volume, tight SLAs

Volumes into the tens of millions per day with same-day settlement SLAs leave no headroom for manual triage.

What FVI does for this use case

Scheme-native parsers

Out-of-the-box parsers for Visa VSS, Mastercard IPM/CSF, Amex, JCB, Discover, UPI, PIX, SEPA and PSP files.

3-way & N-way matching

Match authorization, clearing, settlement and GL simultaneously with N-way tolerance and reversal awareness.

Fee & interchange AI

Agents learn per-merchant fee patterns and cluster interchange breaks by BIN, MCC and product.

Chargeback lifecycle

Stateful matching across CB stages with automatic tie-back to originating auth and settlement.

Streaming ingestion

Kafka, Kinesis and webhook connectors for real-time exception detection under scheme SLAs.

Merchant statements

Per-merchant payout evidence and downloadable reconciliation packs to end funding disputes.

Data sources supported
  • Visa VSS-110/120/900 series, Base II / EPIN
  • Mastercard IPM, CSF, T112/T140
  • Amex, JCB, Discover, Diners scheme files
  • SEPA SCT/SDD/Inst, UK Faster Payments, PIX (BR), UPI (IN), FedNow / RTP
  • PSP payout files (Stripe, Adyen, Checkout.com, Worldpay, PayPal, Braintree)
  • Switch, wallet ledger and core banking GL extracts
Measurable outcomes
50M+
Transactions / day
99.5%+
Auto-match rate
<2 hr
Scheme break MTTR
Zero
Merchant funding surprises

Aligned to the regulations that matter here

Controls designed against the frameworks Tier-1 buyers require. See Security & Compliance for the full matrix.

PCI DSS 4.0 (aligned)PSD2 / PSD3Scheme mandates (Visa, MC)DORASOC 2 Type II (target)

Frequently asked

Does FVI store PANs?+

No. Card data is tokenised on ingest; only masked PAN, BIN and last-4 are retained. Full PCI-aligned isolation with BYO-KMS envelope encryption.

How does it handle scheme mandates?+

Parsers are versioned per scheme release; FVI publishes mandate-tracking notes with each release so operations teams stay ahead of Visa and Mastercard bulletins.

Can we reconcile in near real time?+

Yes. The Rekon Orchestrator supports streaming ingestion; typical scheme-vs-switch exceptions are surfaced within seconds of file arrival.

See it on your data

30 minutes with a solutions engineer, walking a real payments & card scheme reconciliation workflow end-to-end.