Reconciliation; Manual Reconciliation; Automatic Reconciliation; Copy Of Last Reconciliation Report - Ingenico iWL250G User Manual

10. Reconciliation

Whilst payment terminals do receive individual transactions, these are not paid to the merchant's account individually, but in
a batch that contains all transactions for that business day. Reconciliation is a process in which the batch containing all trans-
actions is closed and forwarded for processing from our Payment Service Provider (PSP). Simultaneously, the payment termi-
nal will check for new parameters and the updates available to it from the PSP.
NB: The merchant must perform manual reconciliation of the terminal prior to it being used for the first time.
Reconciliation is typically run once-per-day, either at the end of the business day or shift. It can be triggered manually from
the terminal (master terminal, if there are many in the store) or it can be timed to occur at a set interval. If the merchant has
several terminals, only one terminal needs to be reconciled. Reconciliation of one terminal reconciles all the terminals under
the same Merchant Number.
NB: If your payment terminal is integrated with an ECR, these functions must be called from the ECR and not directly from
the payment terminal.

10.1 Manual Reconciliation

Reconciliation transfers transactions to the settlement account on the following business day. The terminal shall be recon-
ciled every day. If seven days have elapsed since the last reconciliation, the terminal must be reconciled before it can be used.
Main menu
4 Optional Func
5 Copy menu
6 Reconciliation
Print Pending

10.2 Automatic Reconciliation

Automatic reconciliation involves the terminal carrying out reconciliation at a fixed time every day. If the merchant has sev-
eral terminals, automatic reconciliation will take place from the same terminal every time. Please contact Nets Customer Ser-
vice (refer to Section 20) to activate automatic reconciliation.

10.3 Copy of Last Reconciliation Report

The terminal saves only the last reconciliation with accumulated transactions. A copy of 0,- reconciliation will not be stored.
The same functionality is also implemented for a copy of Z-total. This is only implemented for standalone terminals. This
function is used to extract a copy of the most recent reconciliation report.
Press MENU.
Press 6
or scroll down using the arrow key to Reconciliation and press OK.
The terminal prints out a report showing the number of transactions per card
type and amount.
Payment Terminals | Page 35 of 54