C O I N T A B

Opayo with a new level of technological innovation is one of the most trusted payment gateways in the UK, and is proud of its security, reliability, and amazing customer support. It receives payments fast and securely online, and accepts chip & PIN card payments in-store or on-site with its wide range of standalone and integrated terminals. It processes mail orders and payments over the phone securely using its intuitive web-based virtual terminal interface. it was registered as a business that processes online payments for small and medium-sized businesses. While proclaiming themselves as UK’s most trusted payment provider it was later undertaken by Elavon in 2006.

As a business, you might have millions of transactions daily, and verifying the same takes a lot of time and resources. Cointab reconciliation software helps to automate the process of verifying transactions in a matter of minutes, and if there are any discrepancies found in the transaction Cointab software alerts the organisation about the same. so that the organisation can take a step towards the same.

Opayo Payment Gateway Reconciliation Results:

Opayo Settlement reports:

These are the reports of the orders, which have been placed and the payments for the same are done.

Opayo return report:

It is a report of orders that have been refunded after an order has been cancelled.

Website report:

It provides data on customers’ order details placed through the website.

ERP report:

It acts like the internal report of an organisation, in which information is presented item-wise.

Bank Statement:

It is the report of the transactions which the bank has received via Payment Gateway.

Opayo with Website Reconciliation:

Found on Website Report:

These transactions are found on Opayo reports and the Website reports.

Not found on the Website Report:

These transactions are found on the website reports, but not on Opayo reports.

Found and reconciled with Website Report:

These transactions are reconciled in website reports and Opayo reports.

Less amount recorded in Website Report:

Less amount is present on website reports as compared to Opayo reports.

More amount recorded in Website Report:

More amount is present on Website reports as compared to the Opayo reports.

Website with Opayo Reconciliation:

Found and reconciled with Opayo transactions:

The transactions are reconciled on the website reports and the Opayo reports.

Less amount recorded on Opayo:

Less amount is present on the Opayo reports than on the Website reports.

More amount is recorded on Opayo:

More amount is recorded on the Opayo reports as compared to the Website reports.

Cancelled Transactions:

The transactions are recorded on the website reports, but these orders were cancelled by the customers and hence were not recorded in the Opayo reports.

Opayo reconciliation with ERP reports:

Found and reconciled with ERP reports:

The transactions are found and reconciled on ERP reports and Opayo reports.

Less amount recorded on ERP reports:

The amount recorded on ERP reports is less compared to the Opayo reports.

More amount recorded on ERP reports:

The amount recorded on ERP reports is more compared to the Opayo reports.

Not found on ERP reports:

The transactions are found on Opayo Reports but not on ERP reports.

ERP Reports with Opayo Reconciliation:

Found and reconciled with Opayo:

The transactions are matched on the ERP reports and also on the Opayo reports.

Less amount recorded on Opayo:

The amount recorded on Opayo reports is seen to be less as compared to ERP reports.

More amount recorded on Opayo:

The amount recorded on Opayo reports is seen to be more than on ERP reports.

Not found on Opayo:

The transactions are recorded on ERP reports but not on Opayo reports.

Opayo with Bank Reconciliation:

Found in bank statement:

The transactions are matched on bank statements and Opayo reports.

Not found on the bank statement:

These transactions are found on the Opayo reports, but not on the bank statement.

Bank reconciliation with Opayo:

Found and reconciled with Opayo:

The transactions are reconciled on the bank statement as well as on Opayo reports.

More amount recorded on Opayo:

The amount recorded on Opayo reports is seen to be more as compared to the bank statement.

Less amount recorded on Opayo:

The amount recorded on Opayo reports is noticed to be less as compared to the amount on the bank statement.

Not found on Opayo:

The transactions are found on Opayo reports but not on the bank statement.

Cointab Reconciliation software helps in reconciling transactions of the payment gateway and makes you aware of the discrepancies that are present in the reports, it eases the complicated process of reconciliation and helps in making data-driven decisions. By using automated software such as Cointab Reconciliation, millions of transactions can be verified and reconciled easily in minutes, saving you valuable time and resources.

Using our software you can reconcile your transactions and identify the status of your payments by Opayo. These results can help you identify the amount to be claimed from Opayo and increase  the overall efficiency of your process, resulting in less manual work.

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