Mastercard t464 acquiring atm transactions reconciliation manual
-
Upload
charles-itsuokor -
Category
Data & Analytics
-
view
1.121 -
download
33
Transcript of Mastercard t464 acquiring atm transactions reconciliation manual
![Page 1: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/1.jpg)
MASTERCARD T464 Acquiring ATM MASTERCARD T464 Acquiring ATM Transactions Reconciliation Manual Transactions Reconciliation Manual
By Charles ItsuokorBy Charles Itsuokor
MasterCardMasterCard
Reconciliation ManualReconciliation Manual
![Page 2: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/2.jpg)
Table of Content Table of Content
• Downloading T464 MasterCard Transactions • Converting Downloaded T464 Files• Reconciling T464 with your CBA Extraction of Data• Investigation of Opening Items
![Page 3: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/3.jpg)
Introduction Introduction
It’s important to validate your MasterCard ATM acquiring Transactions with your Net settlement figures as advised on the NSA file. It also very important to reconcile the ATM acquiring transactions with your Core Banking transactions for MasterCard
![Page 4: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/4.jpg)
Introduction Introduction
There are several reconciliation tool in the market you can used . I recommend you used Corona 7.8 SmartStream Reconciliation Tool
However where an automated reconciliation tool is not available ,you can use your Mocrosoft excel
![Page 5: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/5.jpg)
Downloading T464 MasterCard Downloading T464 MasterCard Transactions Transactions
Log on to MasterCard connectType in you four digit password
Type in the six digit (from your Secure ID )
![Page 6: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/6.jpg)
Downloading T464 MasterCard Downloading T464 MasterCard Transactions Transactions
Ensure that the bar in the secure ID is full before typing in the secure code.
![Page 7: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/7.jpg)
Downloading T464 MasterCard Downloading T464 MasterCard Transactions Transactions
Click on sign in
![Page 8: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/8.jpg)
Downloading T464 MasterCard Downloading T464 MasterCard Transactions Transactions
The Screen below POP UP
![Page 9: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/9.jpg)
Downloading T464 MasterCard Downloading T464 MasterCard Transactions Transactions
Click on application
![Page 10: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/10.jpg)
Downloading T464 MasterCard Downloading T464 MasterCard Transactions Transactions
Click on MasterCard Data Exchange
![Page 11: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/11.jpg)
Downloading T464 MasterCard Downloading T464 MasterCard Transactions Transactions
Click on END Point 007113
![Page 12: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/12.jpg)
Downloading T464 MasterCard Downloading T464 MasterCard Transactions Transactions
Click on Download Files
![Page 13: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/13.jpg)
Downloading T464 MasterCard Downloading T464 MasterCard Transactions Transactions
Look for T464 files in the new Tab will come up ..
![Page 14: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/14.jpg)
Downloading T464 MasterCard Downloading T464 MasterCard Transactions Transactions
Right click on the T464
![Page 15: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/15.jpg)
Downloading T464 MasterCard Downloading T464 MasterCard Transactions Transactions
Click on the save link as…..
![Page 16: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/16.jpg)
Downloading T464 MasterCard Downloading T464 MasterCard Transactions Transactions
Click on the save link as…..
![Page 17: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/17.jpg)
Downloading T464 MasterCard Downloading T464 MasterCard Transactions Transactions
Navigate location where you want to drop files
![Page 18: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/18.jpg)
Downloading T464 MasterCard Downloading T464 MasterCard Transactions Transactions
On the location and click on save
![Page 19: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/19.jpg)
Downloading T464 MasterCard Downloading T464 MasterCard Transactions Transactions
Always monitor the progress of the download as shown below
Ensure the file is complete downloaded
![Page 20: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/20.jpg)
Converting Downloaded T464 FileConverting Downloaded T464 File
• There are so many converter used in converting MasterCard T464 files to a readable format (Excel)
• I recommend VOFILS T464 Converts to converting T464 Files in to excel
![Page 21: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/21.jpg)
Converting Downloaded T464 FileConverting Downloaded T464 File
• There are so many converter used in converting MasterCard T464 files to a readable format (Excel)
• I recommend VOFILS T464 Converts to converting T464 Files in to excel
![Page 22: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/22.jpg)
Converting Downloaded T464 FileConverting Downloaded T464 File
• There are so many converter tools used in converting MasterCard T464 files to a readable format (Excel)
• I recommend VOFILS T464 Converter
![Page 23: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/23.jpg)
Converting Downloaded T464 FileConverting Downloaded T464 File
• Open the Converter
![Page 24: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/24.jpg)
Converting Downloaded T464 FileConverting Downloaded T464 File
• Go to the Mastercard Settlement (Sheet)• Click on covert • Navigate to the location where the file you want to
convert is located
![Page 25: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/25.jpg)
Converting Downloaded T464 FileConverting Downloaded T464 File
• Click on open
![Page 26: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/26.jpg)
Converting Downloaded T464 FileConverting Downloaded T464 File
The converter will show the number of record imported. click OK
![Page 27: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/27.jpg)
Converting Downloaded T464 FileConverting Downloaded T464 File
After about 3 min the file will be converted into excel The converter files contain Local and international
transactions Go to MASTERCARD NGN ACQUIRER (Sheet) of all
Transactions done on your ATM (OMTC)OMTC :- Our Machine There Card
![Page 28: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/28.jpg)
Converting Downloaded T464 FileConverting Downloaded T464 File
Copy the files to a new Excel work sheet Name the files and Save Close the converter
![Page 29: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/29.jpg)
Reconciling T464 with your CBAReconciling T464 with your CBA
• Bring your core Banking transactions for mastercard acquiring (CBA data) and the Converted T464 together in a reconciliation work sheet
• Ensure that the two data are aligned
![Page 30: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/30.jpg)
Reconciling T464 with your CBAReconciling T464 with your CBA
Before aligning the two set of data Ensure that a data integrity test is done on your CBA data
to verify the completeness of the CBA data
Ensure that a validation test in done on the Mastercard ATM acquiring data to verify the correctness of the settlement figure
![Page 31: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/31.jpg)
Reconciling T464 with your CBAReconciling T464 with your CBA
Formula for data integrity test is giving below Opening Balance + Sum of Downloaded CBA Transactions
= closing Balance
![Page 32: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/32.jpg)
Reconciling T464 with your CBAReconciling T464 with your CBA
Please note the following data alignment (This relate to users using Flexcube as there core banking application )
![Page 33: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/33.jpg)
Reconciling T464 with your CBAReconciling T464 with your CBA
Once you have finish re_ arranging the two data (CBA and the Mastercard ATM acquiring data)
Sort by the UNIQUE Matching criterial column. RRN Colum
![Page 34: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/34.jpg)
Reconciling T464 with your CBAReconciling T464 with your CBA
![Page 35: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/35.jpg)
Reconciling T464 with your CBAReconciling T464 with your CBA
Match off your transactions
![Page 36: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/36.jpg)
Investigation of Opening ItemsInvestigation of Opening Items
Open items or orphans are transactions that did not match off . Transactions with out a corresponding pairs either on the CBA or on the MasterCard Acquiring side.
![Page 37: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/37.jpg)
Investigation of Opening ItemsInvestigation of Opening Items
• We have two broad types of open items• CBA Orphan :- Transactions in your CBA not in
MasterCard Acquiring • MasterCard Acquiring Orphan :- Transactions in
MasterCard Acquiring not in CBA
![Page 38: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/38.jpg)
Investigation of Opening ItemsInvestigation of Opening Items
S/N Category of Exceptions What to Do 1 CBA Orphan
I.Self-Matched in CBA II.Failed Transaction that impacted III.Outstanding transactions due to time
1. Check Status of Transaction in the E-Journal or Postilion
2. Check status in raw T464 files3. Check if transactions is a local
transactions settled in USD4. Laisse with the Switch
2 MasterCard Acquiring OrphanI.Self-Matched in T464 II.Reverse Transactions (EREC)
1. Check if transactions in an EREC2. Check Status of Transaction in the E-
Journal or Postilion
![Page 39: Mastercard t464 acquiring atm transactions reconciliation manual](https://reader033.fdocuments.in/reader033/viewer/2022061309/58f185371a28ab7c2c8b45a3/html5/thumbnails/39.jpg)
Thank you