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Concourse - Extended Settlement Overview

What is Concourse - Extended Settlement?

Concourse – Extended Settlement is a proven software solution that ensures the settlement and funds movement of electronic payment transactions such as credit card, debit card, ATM, POS, P2P, and mobile transactions. Its rules-based engine and continuous processing architecture combine to form one of the world’s most flexible, reliable, and cost-effective settlement processing solutions for electronic payments. * Define settlement rules without changing code * Move funds based on currency type * Support many different settlement distribution cycles * Spread back-office processing throughout the day * Create funds movement files such as ACH * Create accounting files such as General Ledger * Access real-time settlement activity * See current net settlement positions * Distribute accurate and timely reports

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Product Description

Concourse – Extended Settlement is a proven software solution that ensures the settlement and funds movement of electronic payment transactions such as credit card, debit card, ATM, POS, P2P, and mobile transactions. Its rules-based engine and continuous processing architecture combine to form one of the world’s most flexible, reliable, and cost-effective settlement processing solutions for electronic payments. * Define settlement rules without changing code * Move funds based on currency type * Support many different settlement distribution cycles * Spread back-office processing throughout the day * Create funds movement files such as ACH * Create accounting files such as General Ledger * Access real-time settlement activity * See current net settlement positions * Distribute accurate and timely reports


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BHMI

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