Introduction
ReconHub streamlines payment reconciliation
Reconciliation is an essential aspect of the accounting process of any merchant and ensures the consistency and accuracy of financial records. This process can be time-consuming and error-prone when done manually.
ReconHub simplifies and improves this process by automating the reconciliation of payment transactions from various POS and e-commerce systems with data records from payment processors and banks. This helps merchants to speed up their reconciliation process, and if discrepancies are found, ReconHub provides an easy solution to resolve them.
Transactions are automatically matched and exported to the general ledger of the financial accounting system. Many transaction types, payment means, currencies, locations, organizational structures, and much more are supported.
ReconHub is designed for simple integration with all payment processors, POS, e- and m-commerce systems and financial institutions, or any other future payment mechanisms.
About this developer resource
This developer resource is designed to assist you in integrating ReconHub Interfaces (APIs or File Exchange) with your application. It provides a detailed overview of the available interfaces, instructions on how to get started, and information on how to use the endpoints provided.
Data sources and available APIs
ReconHub ingests data from different sources to enable the reconciliation process:
Sales
This is data from the system where a sale was generated, for example a cash register (POS/ECR) or web shop system.EFT (Payment Processor)
This is data from the entity that processed a payment transaction, for example a credit card payment processor or e-commerce payment processor.Bank
This is data of the financial institutions to which the processed payments are paid out to.
To obtain data from each of these sources, ReconHub either provides one or more interfaces for data input, or supports interfaces of third parties such as POS providers or payment processors for data collection.
Where ReconHub provides an interface, you will find a detailed description of the interface in this help.
For a list of supported interfaces of third parties and related specifications and configuration requirements, please refer to Supported Third Party APIs and File Formats.
Support
We also provide support and assistance to help you every step of the way.
If you have any questions or need help integrating one of the ReconHub APIs with your application, please don’t hesitate to reach out to our support team.
For further information and to learn more about ReconHub please visit the ReconHub Learn Center.
Trust the experts at Abrantix
ReconHub is a product of Abrantix, a payment powerhouse dedicated to making payment frictionless for everyone. With ReconHub, you can trust that the merchant's reconciliation process is in the hands of experts who understand the industry and are dedicated to helping merchants succeed.
Find out more about Abrantix and our commitment to simplifying payment for everyone.