Payment & Accounting

Payments

A flexible and customizable Payment & Accounting Solution designed to integrate external payment processors or manually record transactions, giving financial institutions full control over payment operations and accounting accuracy. This capability creates a unified ecosystem where payments, records, and reconciliations work seamlessly together.

Ensures internal accounting records match external payment systems, guaranteeing data accuracy, improving reconciliation processes, strengthening fraud detection, and supporting regulatory compliance.
Advanced fraud detection to identify suspicious activity, manage chargebacks, and reduce operational risk.
API-first architecture connects the platform with payment gateways, banking services, and third-party providers, enabling efficient processing of high-volume transactions.
Digital payment services such as mobile wallets, money transfers, and electronic payments are fully supported, enhancing customer experience and operational efficiency.

Designed for banks and fintechs that require reliability, scalability, and transparency, this payments and accounting solution simplifies complex payment workflows while ensuring financial control across the organization. Request a demo to see how Fiter helps streamline payments, improve accounting accuracy, and scale your financial operations with confidence.

Possible external payment reconciliation integrations with Fineract

Fineract allows organizations to integrate various payment reconciliation solutions to strengthen their financial and operational processes. These integrations are not included by default.

Financial records integrity

Through integrations with reconciliation systems, it is possible to ensure that there are no discrepancies between internally recorded transactions and amounts processed through payment providers. This helps detect and correct errors such as duplicate entries or omissions, ensuring data accuracy.

Chargeback management

Allows for the rapid identification of disputes and chargebacks, facilitating fast and reliable resolutions. This contributes to reducing disputes, improving refund management, and strengthening customer trust in the organization.

Operational optimization

By analyzing and integrating reconciliation data, organizations can optimize their processing times, reduce errors, and increase efficiency. This reduces the burden of manual processes.

Accounting

Fineract gives you complete control over your General Ledger, ensuring a precise and transparent view of your financial accounting. It also includes auditing functions so you can make informed decisions with total confidence.

A double-entry accounting system, crucial for transparency and audits.
Detailed and customizable financial reports to meet regulatory requirements.
Auditing functions that track every change in the system for complete traceability.
It includes the "maker-checker" principle, which requires a second person's approval for critical tasks, adding an extra layer of security.

Account Management

Solution for managing financial accounts. You can manage checking, savings, and digital wallets, even in different currencies.

Fineract allows you to precisely articulate accounts and transactions. This multi-currency capability simplifies the management of complex operations, both locally and internationally.

Chart of Accounts

Configuration that lists all the accounts an organization uses to record its financial transactions.

This configuration is a core component of any financial accounting system. It provides internal capacity to structure and manage accounting information.