Paramotor Pay-Tech Services

About Paramotor Pay-Tech Services

Paramotor Pay-Tech can be offered to banks on white label basis or to smaller banks under a SAAS model. In both cases, the product is priced on per terminal per month basis in addition to a one time set up fee. Unlike most of our competitors who have excel based, gross level reconciliation tools, Paramotor Pay-Tech is a DB driven, Scalable, transaction level, General Ledger based (GL) that reconciles transactions from authorization to settlement and beyond. Merchant level profitability report, a by-product Paramotor Pay-tech position the product as an enabler as opposed to a non-critical back office function called reconciliation.

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Paramotor Pay-Tech - Features

Reconciliation of transactions

  • Reconciliation between settlement bank and Acquiring Service Provider.
  • Resolution on settlements queries

Settlement

  • Automated scrutiny of settlement files to ensure data accuracy
  • Delivery of merchant pay out files

MIS

  • Transaction and settlement reports
  • Open/Suspect/Reject transactions reports
  • Any on-demand report on transaction/settlement / POS recon
  • Merchant level profitability report
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