[ Settlement ]
The Winning Solution for Settlement
Broaden end-to-end testing by integrating settlement processes into a single testing platform to perform cost-effective comprehensive settlement testing. Lexcel's payment network settlement solutions combine file creation, file conversion, automated validation, file processing and reporting to provide the most comprehensive settlement system available for the payment technologies industry.
|| Supported Platforms
Lexcel TestSystem® Settlement is a unique PC-based software application that virtualizes a payment network’s back office processing logic and message settlement formats. This empowers users to easily utilize existing data and transfer settlement-ready files of multiple data formats. Lexcel’s settlement solution is an integral component for testing application upgrades or modifications and complete settlement file format conversions.
The Only Compliant Clearing, Settlement and Reporting Platform:
- Validates file structures and contents
- Provides detailed error reporting
- Includes production-like processing functions: currency conversion, cross-editing and lifecycles
Lexcel TestSystem Settlement performs automated data management through the interrogation, mapping, and customization of input data from various authorization audit files. Users convert data sources into valid settlement records from transaction processing systems that capture online transaction exchanges.
- Test the acquisition of file conversion and validation logic through a settlement pre-edit package
- Shorten test cycles with instant reporting of business rules, data integrity, and validation errors
- Validate changes to file conversion and mapping routines
- Quickly generate, edit, and confidently verify the accuracy of their input data files
- Define settlement file formats with configurable parameters for setting up field definitions and aging transactions
Lexcel’s Settlement Solution utilizes technologies integral for testing everything from application upgrades and modifications, to complete settlement file format conversions.
- Implement changes faster through automated testing of settlement processes
- Simulate processing functions of unique settlement systems in an always-available offline environment
- Discover errors in the product environment long before any customer impact or lost funds are realized
User-defined and static reports include acknowledgement, reconciliation and lifecycle totals that are easy to manage and provide immediate insight into potentially damaging issues.
- Compare Lexcel-generated results against your own files for line items and totals
- Shorten test cycles with instant reporting of business rules, data integrity and validation errors
- Distribute standard-formatted reports across multiple user groups
- Provide detailed audit trail of testing results for compliance
Ten More Reasons You Need Our Settlement Solutions:
||Automatically generate millions of PCI compliant settlement test transactions.
||Reduce the risk and increase the confidence of those coding and validating system changes.
||Discover the advantage of testing market differences in business rules.
||Decrease the time and resources required to execute clearing cycles.
||Minimize the risk of production outages or lost revenues through lifecycle and regression testing.
||Validate changes made on a Host system in a fraction of the time.
||Run settlement files through a complete validation, clearing and reporting process.
||Emulate a Host System for production-like settlement testing.
||Minimize system-altering impacts through comprehensive testing.
||Identify and resolve problems before costly online testing.