Payment adjustment is usually a correction/change provided to credit/debit for one or more transactions to the balance left on the respective account, it’s also an option available to Refund an already existing overpayment and similarly could be used for reversing a completed payment.
Girmiti has more than vast experience in providing payment adjustments solutions based on prior payment advices. This majorly comprises of Integration payment switches, processors Acquirers, Issuers to execute respective adjustments.
Key activities related to Payment adjustments are:
Integration with payment acquirers, issuers to initiate adjustments
Processing corrections of a payment error by client's end consumers
Processing Refund and Reversal due to completed errors payments
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