Maximus TRACE
– Solutions to simplify the settlement process.

Maximus TRACE offers a reconciliation solution that provides total automation of the reconciliation process for daily balancing of ATM and POS networks-based transactions. These are based on transaction logs collected from different systems which TRACE processes to produce reconciliation reports.

TRACE has a sophisticated reconciliation algorithm and file management module which work together to import, archive and compare all related logs to provide a wide variety of reports that can be used by the bank for settlement with other banks.

The TRACE system checks all transactions done during a certain time period to identify discrepancies like shortage or excess credits. The reconciliation process generates TTUM and other reports on a periodic basis which allows the bank to carry out settlement for shortage or excess credits observed. Further, it saves the entire transaction comparison process for future auditing purposes.

ATM Cash Reconciliation

Automated reconciliation of
cash in ATM and recyclers

Allows MSPs (Managed Service Providers) and banks to account for the cash in ATMs and recyclers.

Enables them to determine cash shortage or overage in the terminals.

One stop solution for MSPs and banks to identify a dispute and the responsible entity, who could be the CIT (Cash In Transit) agent, MSP or the bank.

Integration with a ticket management engine helps the ecosystem entities to track and respond easily.

Transaction Reconciliation

Omni-channel transaction reconciliation

  • Transaction reconciliation services cover all payment channels like
    • ATM
    • POS
    • eCom
    • UPI
    • IMPS
    • AEPS
    • Agency Banking
    • NEFT
    • RTGS
    • Mobile Banking
    • Internet Banking
    • Nostro/Vostro Accounts
  • Assists banks, fintech’s, aggregators, WLA (White Labelled ATM) operators and online and offline merchants to easily reconcile daily on-us (bank’s own customers), off-us (other bank customers), transactions.
  • Provides an omni-channel experience for reconciliation needs for all payment channels.
  • Customers can initiate reconciliation at one go or channel-wise. The modular design helps customers to configure the channels easily.

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