Tackling transaction settlement shouldn’t feel like navigating a maze.
If you’re tired of dealing with confusing settlement terms, making sense of unexpected fees or manually correcting errors, it’s time for a change!
According to our recent survey:
- 53% of issuers and acquirers find settlement terminology confusing
- 49% don’t fully understand the fees and penalties they incur
- 47% spend too much time manually correcting settlement errors
Dive into our practical guide on how to set yourself up for settlement success. You’ll learn about:
We’ll show you how to understand tricky terms, including the difference between transaction authorisation, clearing and settlement.
Get ahead of the competition by avoiding common mistakes in areas like managing settlement advisements, entering new markets and FX (foreign exchange).
Eliminate efficiency gaps in your settlement process with Kani’s tips for using consolidated settlement, configuring the NSIF correctly and selecting the optimal currency.
We’ll explore what happens behind the scenes when card payments are settled through the Mastercard scheme, showing you the systems involved, how data moves between different organisations and common timing mistakes.
Discover how card payment issuers and acquirers already use Kani’s automated tool to: