Settlement Mechanism Software Development
Build ledger-backed, API-first settlement infrastructure for real-time fund clearing, dynamic disbursements, and multi-party orchestration — tailored for Payment Service Providers, B2B fintech, and cross-border use cases.
What We Build?
Real-Time Reconciliation
Automated clearing of incoming/outgoing transactions across gateways and partners
Multi-Party Settlement
Revenue-sharing, commissions, and merchant splits with configurable logic
General Ledger Engine
Immutable entries, dual-entry accounting, and journal-level audit trail
Instant Payout Orchestration
Trigger-based settlement with optional delays, retries, and release conditions
FX & Multi-Currency Clearing
Support for currency conversion at transaction or batch-level
Regulatory Settlement Reports
Generate compliance logs, e-statements, and audit-ready exports
Smart Settlement Engine
System Architecture
- Event-driven microservices
- General Ledger abstraction layer with double-entry model
- Dedicated clearing engine for real-time netting and settlement batching
- Role-based ledger access with audit log
- API gateway with OAuth 2.0 and JWT tokens
- Dev sandbox with role-based keys and test payloads
Admin & Monitoring Console
Real-Time Net Settlement Monitor
Track live incoming and outgoing settlements across wallet, card, and payout channels — in one unified view.
Velocity & Exception Reports
Automatically flag unusual transaction volumes, retry spikes, or delay patterns for rapid resolution.
Merchant Ledger Snapshots
Get real-time financial snapshots by merchant or partner, including balances, fees, and pending settlements.
Custom Alerts & Approval Workflows
Set rules for manual approval, notifications for unusual behavior, or exceptions — all fully configurable.
Exportable Audit & Tax Reports
Generate downloadable reports for finance, compliance, and tax — with complete logs and data trails.
Multi-Role Access Control
Assign custom access by role — from operations to finance to compliance — with full activity logs.
Industries We Serve
We build unified gateway orchestration layers that integrate with Visa, Mastercard, Stripe, Razorpay, and more — supporting multi-provider transaction routing, fallback logic, and status reconciliation.
Our clients get flexible abstraction over each gateway’s API — enabling faster onboarding, unified reporting, and seamless switching between processors without rewriting their core payment logic.
Our settlement and wallet engines integrate with core banking platforms like Finastra, Mambu, and Temenos to handle account syncing, real-time ledger updates, and batch reconciliations.
We enable event-driven architecture (Kafka, webhooks) and support ISO 8583/20022 messaging to streamline fund movements and enable programmable banking workflows for digital-native operations.
Region-specific onboarding integrations with Trulioo, Sumsub, IDNow, and others. Features include document OCR (MRZ, selfie, proof of address), liveness detection, video KYC, sanctions screening, adverse media checks, and politically exposed person (PEP) classification.
We support AML transaction monitoring rules, case management workflows, and audit logging for compliance teams.
Connect seamlessly with QuickBooks, Xero, NetSuite, SAP, and other ERP suites. Map transactions to general ledger accounts, automate settlement reconciliation, and generate real-time P&L summaries.
Custom chart-of-accounts mapping, tax code syncing, invoice batching, and financial period locking supported via API or SFTP-based data exchange.
Why PrimeFin Labs?
Domain-Driven Design
Every solution is modeled around real-world finance logic
API-First Architecture
Built for dev velocity, integration, and customization
Built-In Compliance
Regulatory-ready from design to deployment
Modular Components
Settlement, ledger, clearing – plug only what you need
Fast Go-Live
MVPs in <4 weeks, full rollouts in 8–12 weeks
White-Label
Launch branded platforms with pre-built modules — fully customizable, with your business model