Enable accurate, efficient and compliant clearing and settlement with real-time fund movement and transparency across issuers, acquirers and merchants
Phi Commerce’s Clearing and Settlement System is a state-of-the-art solution built for payment networks, ensuring secure and seamless financial transactions across ecosystem participants. It handles high transaction volumes with speed, accuracy and compliance, empowering networks to deliver efficient settlement services to issuers and acquirers.
Ensure instant transaction confirmation and processing
Seamlessly connect issuers, acquirers, merchants and regulators under a single system
Automate transaction matching, error handling and reporting for unmatched accuracy
Support customizable clearing and settlement frequencies to fit network needs
Facilitate domestic and cross-border transactions with seamless currency conversions
Fully aligned with regulatory standards, including central bank mandates and ISO 20022
Define and manage clearing and settlement rules based on network-specific business logic
Automate interbank fund clearing for card transactions
Enable real-time clearing for regional payment networks
Streamline clearing and settlement for international remittances and multi-currency transactions
Manage multi-party fund distribution with split settlements and automated reconciliation
Provide central banks with transparent and automated clearing and settlement processes
Partner with Phi Commerce to transform your network’s financial infrastructure with an efficient, secure and scalable clearing and settlement system
It’s a comprehensive solution designed to automate, secure and streamline the clearing and settlement processes for payment networks, connecting issuers, acquirers and merchants.
The system is built for scalability, handling millions of transactions with low latency.
Yes, it supports multi-currency transactions and cross-border clearing and settlement with seamless currency conversion.
Absolutely. The system aligns with ISO 20022, PCI DSS, EMV and central bank regulations to ensure full compliance.
Yes, the system is flexible and allows for defining and managing clearing and settlement frequencies based on network requirements.
The system provides real-time dashboards, detailed transaction reports, and audit trails to ensure complete visibility for all stakeholders.
Yes, it integrates seamlessly with existing payment systems and platforms using API-first architecture and ISO-compliant protocols.
Phi Commerce enables businesses to embrace the digital payment ecosystem using integrated and agile innovations, enabling smooth and flexible payments across all consumer touchpoints – browser, mobile, in-store and remote. Phi Commerce offers a unified omni-channel digital payment platform catering to both B2B and B2C payment requirements of businesses worldwide.
Nodal Office:
Phi Commerce Pvt. Ltd. Second floor, Building No. 4, Commerzone IT Park, Samrat Ashok Path, Off Airport Road, Yerwada, Pune, Maharastra – 411 006
Grievance: nodal.officer@phicommerce.com
Other Queries: connect@phicommerce.com
