PSP reconciliation is the process of matching the payouts from payment service providers (PSPs) like Stripe, Adyen, and PayPal against the sales they represent and the cash that lands in the bank. A PSP collects card and online payments on a merchant's behalf, then settles the funds, minus fees, on its own schedule.
For tech and e-commerce businesses, this is one of the most acute reconciliations. Each provider bundles many transactions into one payout, deducts processing fees, holds reserves, and handles refunds and chargebacks differently. A single bank deposit rarely maps cleanly to a list of orders, and running two or three PSPs multiplies the formats and timing gaps.
Left manual, PSP reconciliation hides fee leakage, missing payouts, and revenue collected but never properly booked.
Phacet automates it. The agent that reconciles payment gateway, bank, and ERP flows aligns each PSP payout with bank deposits and ERP entries, isolating fees and adjustments, while the agent that reconciles card payments against reported revenue ties settlements back to sales and the agent that reconciles bank transactions surfaces unmatched deposits. AI Match handles the semantic pairing that exact-amount rules miss, with reasoning exposed through a native audit trail.
PSPs collect the payments and take their cut. Phacet proves the cut was correct and every euro was banked and booked, across every provider you use.
