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Oculus Financials
Oculus Financials is Transaction Junction’s Post Transaction Data processing offering which include:
- Reconciliation
- Settlement
- Reporting
- Data extracts
Transaction Junction offers an independent reconciliation process between the various entities in the EFT network.
We are proud to offer an unique end-to-end reconciliation option. This option combines lower and higher order transaction history files to present a consolidated view of the matching of transactions between the POS and each authoriser (including VAS).
End-to-end reconciliation reports provide a single view of all matched and all exception transactions to allow for discussions on disputed transactions.
Each acquirer is handled independently from a batch management process and can perform either static (time based) cut-overs or dynamic (event based) cut-overs. Following this, each batch and therefore each acquirer is reconciled independently from the other to achieve greater accuracy in reconciliation and therefore settlement. Online reconciliation results and exception adjustments are provided using Transpector.
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