Reconciliation might be the most painful process in a payment system. It is the process of comparing records in different systems to make sure the amounts match each other. For example, if you pay $200 to buy a watch with Paypal: - The eCommerce website should have a record of the $200 purchase order.
Payment reconciliation
Payment reconciliation
Payment reconciliation
Reconciliation might be the most painful process in a payment system. It is the process of comparing records in different systems to make sure the amounts match each other. For example, if you pay $200 to buy a watch with Paypal: - The eCommerce website should have a record of the $200 purchase order.