asasii acceptance for settlement and finance
The platform reconciles settlement, so the afternoon is exceptions only. Fees, SST and the regulatory return come from the same records the operation runs on.
One run, two people
One settlement run a day across every rail, prepared by one person and approved by a second. No one can prepare a run and give its second approval.
Reconciled to the rails
The scheme and rail files are read back and matched against the ledger on the same screen as the run, and held amounts are shown per merchant so finance and risk read the same number.
Fees and SST
Fee schedules are versioned and published with an effective date, with rail costs and margin beside them. SST on fees is on every merchant statement, and fee revenue and SST go to the ledger by export.
Reports and the Bank Negara return
Daily acquiring, settlement and fees, scheme compliance and merchant statements on schedule. The Bank Negara return is produced from the platform for the period, reviewed by compliance and exported.
See it with your own merchants
Send us the methods you take, the number of merchants and the payment and account systems in place. An engineer replies with a rollout plan, a list of decisions to agree and a proposal.