Reconciliation
Matching payments to invoices or orders
Accurate reconciliation ensures payments match orders and invoices. Weak reporting increases finance team workload and error probability. Automation reduces back-office cost.
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Fiat Float
Fiat funds held before payout
Custodial vs Non Custodial Processing
Whether processor takes possession of funds
Routing
How payments and conversions are directed internally
Sanctions Screening
Checking parties against sanctions lists
Correspondent Banking Risk
Reliance on intermediary banks for transfers
Payment Gateway
Interface connecting checkout to processor