Automation of reporting, reconciliation, billing, and settlement of digital transactions can have a significant impact on costs. Multi-partner arrangements, emerging payments, or new loyalty schemes, can be very difficult to manage and require a flexible, modern architecture that can handle the complexity. i2c’s platform is integrated with capabilities to customize, streamline, and accelerate the most daunting billing and settlement processes, saving time and money.
If your business model requires you to share a portion of transactions with partners, collect commissions from numerous companies, or settle in multiple currencies, these procedures can quickly turn into an operational nightmare. i2c’s customizable FastSettle takes the hassle out of these complex processes by automating tasks from start to finish, greatly reducing time and costs, and improving accuracy.
Simply define partners’ billing, settlement, and reconciliation requirements one time. FastSettle generates and delivers invoices, reports, funds, transfer files, and accounts receivable data, and automates the review, correction, and resubmission processes.
FastSettle solves complex settlement challenges that arise due to the creation, targeting, delivery, and redemption of mobile account, digital coupon, digital wallet, or ecommerce applications.