Reconciliation, Settlement & Dispute Management System - StarRECON

StarRECON is a web based PADSS certified & PCI DSS compliance comprehensive 4 ways Reconciliation, Settlement & Dispute Management System for retail banking transactions, which has paved the way to mirror bank transactions from the Bank's Switch/Host/ATM-EJ/Interchange/Tie-up Banks, for managing net payments & receipts.

Product Highlights :

  • Can reconcile transaction initiated from any SST, Switch, CBS & Interchanges Viz VISA/MasterCard.
  • Support International Networks like VISA, MasterCard, UnionPay International, JCB, Amex, SCT, PULSE etc.
  • Support National Payment Network like Rupay (India), EthSwitch (Ethiopia), Interswitch (Uganda), GhiPSS (Ghana), LankaPay (Sri Lanka), National Payment Switch in Bangladesh (NPSB) , Neps (Nepal), ARTAJASA & PRIMA in Indonesia, LAPS (Laos) etc.
  • Support Automatic and Rule based Reconciliation.
  • Support ATM Cash Balancing.
  • Maintain and calculate fees/commission, tax etc.
  • Payment Gateway and Wallet Reconciliation.
  • Payroll Reconciliation.
  • Digital Banking Transaction Reconciliation:
    • Bill Payment Reconciliation
    • EFT and Cheque Clearance Transaction Reconciliation
  • Merchant Maintenance, Clearing and Settlement.
  • National and International Remittance [EFT, Nostro, Vostro].
  • Using AES algorithm for Security.
  • Reports can be filtered and generated based on almost all the entities/factors.
  • Highly parameterized, operational & decision-making system to support the fast changing requirements of the bank.


For Demo & Product Brochures, kindly write us here.

Why Choose Us?

Having focused over 30 years on the Retail Banking Sector, the group with a vision to expand the business of providing highly efficient & customer-centric services, expanded into banking, development and promotion of Payment & Card Solutions for global requirements.

Value Added Services
HSM Supply, Maintenance and Support
Card Personalization Printer and EMV Personalization Application
POS Application Development and Customization