Scaling with Peach Payments: Revolutionising Reconciliation

Our 2024 ‘Think Bigger’ Summit showcased the latest solutions from Peach Payments. With Black Friday just around the corner, it’s the perfect moment to reflect on some of these innovations, underscoring our commitment to staying ahead of industry trends and delivering on merchant needs.

In today’s fast-paced retail world, enterprise merchants are drowning in transaction data. Legacy systems and manual processes aren’t cutting it, leaving businesses tangled in time-consuming, error-prone reconciliation tasks. For companies handling millions in revenue, this can be a major bottleneck. Enter Peach Payments’ Recon API — designed to take the pain out of reconciliation and automate the process.

The Struggle with Reconciliation

Imagine running a high-volume retail operation. You’re managing large transaction volumes,  sifting through spreadsheets, and hoping nothing falls through the cracks. Monthly CSV exports and manual data checks? Not only time-consuming, but also risky when transaction discrepancies are overlooked. For large merchants, this isn't just inefficient — it’s unsustainable.

Automation to the Rescue

Peach Payments’ Recon API is here to solve that problem. Integrated directly with the Peach Payments gateway, the API automates reconciliation, turning hours of manual work into minutes. Businesses can catch discrepancies in real time, ensuring every transaction is accounted for without the constant back-and-forth between systems.

The key here? Time saved, accuracy guaranteed.

Why the Recon API Matters

1. Speed: Automating reconciliation means merchants no longer need to manually export and sift through rows of data.
2. Accuracy: Real-time insights mean errors and mismatches are detected instantly, allowing businesses to address them before they escalate.
3. Scalability: The Recon API supports massive volumes, making it perfect for enterprise merchants who handle millions of transactions.

Moving Beyond Legacy Systems

Traditionally, merchants relied on outdated SFTP (Secure File Transfer Protocol) processes and manual exports to reconcile payments. But that’s not scalable. The Recon API changes the game. Instead of clunky, file-based transfers, the API offers real-time data manipulation that’s flexible and built for modern businesses.

Why Now?

The demand for automated reconciliation is skyrocketing. Key enterprise clients have highlighted the need for this solution as part of their bottom line, and Peach Payments is answering that call.

The Future of Reconciliation

Peach Payments’ Recon API isn’t just another tool—it’s a lifeline for growing merchants. It simplifies reconciliation, boosts efficiency, and reduces risks. For any enterprise business ready to take control of their transactions, the future starts now.