Automated QMR and GOC reporting

A one-stop automated solution to streamline your quarterly Mastercard QMR and Visa GOC card scheme reports.

Reclaim 150+ hours every year
100% compliance with formatting requirements
Limitless scalability in the cloud
Eliminate submission errors
Rapid implementation

At Kani, we believe that preparing the Mastercard Quarterly Member Report (QMR) and Visa Global Operating Certificate (GOC) should be a breeze, not a burden. Say goodbye to needless data work and hello to efficiency!

A time-saving champion

Don’t let 150 hours a year vanish into tedious QMR and GOC reports. Embrace the future where quarterly card scheme reports are done for you, freeing up your time for what really matters. Watch as Kani’s automated system seamlessly ingests payment processor data, organises it precisely and delivers Mastercard or Visa reports in a jiff – all in the correct format, ready for you to hit send.

Effortless integration; impeccable accuracy

Kani’s like your financial multi-tool: Accurate, reliable, fast and incredibly easy to use. Our card scheme reporting solution integrates with your preferred third-party platforms, ensuring your data is current and crystal clear. A complete audit trail is available should you need to access historical data or submissions. With Kani, you’re set to tackle Mastercard and Visa reporting with confidence, knowing every number is precisely where it should be.

Mastering complexity with simplicity

Baffled by complex reporting terminology? Let us decode the jargon for you. As part of our solution build phase, we’ll work with your existing transaction data to ensure it’s always categorised under the correct regionality and other criteria. This means all your transactions are accurately sorted and classified, ensuring precise reporting and reducing manual interpretation.

Compliance without complication

We do more than automate card scheme report generation; we transform how you handle compliance. From automating complex calculations to applying the correct transaction criteria and regionality, Kani ensures every report is complete and correct. Reduce the risk of fines and submission errors with technology that adapts to regulatory demands.

Scale smarter, not harder

Scaling up? Kani’s got your back. Our robust, cloud-based platform effortlessly keeps pace with growing transaction volumes, removing back-office bottlenecks so you can grow without the grief.

Common QMR and GOC
problems we solve

Time-consuming manual data aggregation and processing

Our automated QMR and QOC reporting solution streamlines data aggregation and processing, eliminating manual intervention. We’ll automate your data collection, cleansing and integration processes.
Difficulty mapping data to standard schemas

With Kani, mapping data to standard schemas is effortless. Our solution has built-in data mapping and transformation tools, so you can easily align your data with industry-standard formats and schemas.
Inability to validate data accuracy and consistency

We provide robust data validation capabilities to ensure the accuracy and completeness of reporting data. The platform automatically validates data against pre-defined rules and standards, flagging inconsistencies or errors for review and correction.
Complexity of interpreting card scheme terminology and classifications

Kani simplifies the process of interpreting card scheme terminology and classifying transactions. By leveraging transaction data and additional information, it automatically categorises transactions with precision regarding regionality and transaction classification.
Challenges with currency conversions

Our QMR and GOC solution includes automated currency conversion capabilities. It handles currency conversions based on pre-defined Mastercard and Visa exchange rates.
Difficulties accessing historical reporting data

We offer easy access to historical card scheme reporting data through a centralised repository. The solution stores and archives past submissions, making them readily available for analysis, query and audits.
Lack of visibility into transaction regionality for classification

Our automated QMR and GOC solution allows users to drill down into specific data sets to validate if they have been categorised into the correct regionality.
Complexity in identifying active cards and open accounts

With Kani’s card and account management functions, you can easily identify active cards and open accounts for reporting. The solution has real-time visibility into card and account status.

Scheme reporting FAQs

What are card scheme reports?

Card scheme reports, such as Mastercard QMR and Visa GOC reports, are comprehensive data submissions required by card networks from institutions involved in payment processing. They are essential for compliance, financial reconciliation and performance analysis in payments.
What do card scheme reports include?

QMR and GOC data submissions include detailed information on transaction volumes, types and values processed over a specific period, usually each quarter. They also encompass data on cardholder activity, interchange fees, currency conversions and other transaction metrics.
Why are card scheme reports important?

Card scheme reports are crucial because they provide insights into transaction processing and fraud prevention, mitigate risks associated with data security and contribute to the network integrity of the wider payments ecosystem.
What is a Mastercard T140 file?

A T140 file is a specific data format used in Mastercard QMR reports. It defines the format and structure of transaction data exchanged between financial institutions, payment processors and card networks for reporting purposes.
What does a T140 file contain?

The Mastercard T140 file contains detailed information about card transactions. It covers metrics like transaction amounts, merchant details, cardholder information and other relevant data.
What are the penalties for failed submissions?

Penalties for failed data submissions to Mastercard or Visa vary depending on the severity and frequency of errors. Businesses may face financial penalties, fines, sanctions or even suspension from card networks in severe cases.
Who do card scheme reporting requirements apply to?

Card scheme reporting requirements apply to entities that process, accept, and facilitate card payment transactions. This includes financial institutions like banks and credit unions, payment processors, merchants, acquiring banks or merchant account providers, payment gateways and independent sales organisations (ISOs).
How do card scheme reports ensure timely settlement of transactions?

Card scheme reports play a crucial role in the timely settlement of transactions in the payments ecosystem. Reports enable Mastercard and Visa to reconcile transactions efficiently and prevent settlement delays by providing comprehensive data on transactions, discrepancies, and errors.
Are there any specific formatting requirements for card scheme reports?

Yes, both Mastercard and Visa have specific formatting requirements when businesses submit their data. These typically include report structure, data fields and formatting standards like file type, encoding and layout. Each card network has predefined templates or formats for specific fields.
How can businesses ensure accuracy and consistency in their card scheme report submissions?

Implementing robust data management practices and leveraging automation helps to ensure accuracy and consistency in card scheme report submissions. Automated tools can help streamline data collection, processing and validation to reduce the risk of errors.