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Reconciliation Engine


Now offering 1st in India, a unique Payment Hub Management Service designed to ease the complex management of your Payment systems.


The Indian Banks are undergoing a sea of change with respect to Payment System technologies. The country sees millions of transactions volume every day. It becomes the Banks’ responsibility to follow up every transaction to the logical end.

Omnitech’s “Reconciliation Engine” helps the Bank to reconcile all the transactions pertaining to RTGS and NEFT.

Recording Inward and Outward Transactions

All the transactions received from various internal hosts and external hosts will be persisted in the payment hub system for the payment message along with date and time stamp with unique reference no, unique host identification Id, transaction status and message attributes.
Complete transaction data report will be provided to the user which will contain all the above mentioned details which can be compared with the respective client host systems maintained in order to enable easy reconciliation.
Such report will contain application wise, message wise transaction details from host application to payment solution and in-turn from payment solution to RBI.
  • Stages / states of message during the payment life cycle will be reported as below
  • Message initiated by host application
  • Message Received to Payment Solution
  • Message Processed to External Hosts
  • Confirmation received
  • Status Message passed to Host System
  • Notification sent to customer
  • Each stage will be reported along with transaction details with message attributes, user information, date and time stamp for inward and outward payments
  • This report can be also downloaded date wise, transaction type (i.e. Inward / Outward) and host system wise which will be filtered and made available to users.
  • Also total count and total value of the transaction between the host interface and the payment solution report will be made available to locate discrepancies if any.
  • User will be able to download report in formats such as XLS, CSV and TXT and will be able to compare the downloaded reports with the host reports.
  • Data received from multiple host system will be stored and mapped against the data processed from Payment solution

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