Overview
UPI Reconciliation is a single platform that merges various banking services and features under one umbrella.
A UPI ID and PIN are sufficient to send and receive money. Real-time bank-to-bank payments can be made using a mobile number or virtual payment address (UPI ID).
Fund transfer through UPI is the one of famous digital payment modes in India.

Problem Statement
- T+1 Reconciliation Required
- 32 Files To Decrypt Manually
- 44 Files To Upload & Reconcile Manually
Manual Reconciliation Success Rate
65%
- Tedious To Perform Cycle-Wise Recon.
- Manual Handling Of 50+ Files For A Day.
- Decryption Of Encrypted Files.
- Manual Matching Error-Prone Process.
- Critical To Complete Recon Within TAT.
- Increasing Transaction Volume.
- Time Consuming Manual Activity.
- Dependency Of Skilled Resources During Working Hours.
- Possible To Perform Recon On T+1.
Solution Provided
- Auto connects to the NPCI and other SFTP servers to fetch data files.
- Auto decryption of encrypted files.
- 24×7 Reconciliation.
- Rule-based three-way recon between CBS-NPCI-SWITCH.
- Auto Generation of BRS & MIS reports.
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STP takes approximately 1 hour for all activities i.e.
File Pickup -> Decrypt -> Normalize -> Apply Rule -> Ready with MIS. - Cycle-wise recon on T itself.

Results
AnyRecon's Automated Process Success Rates
- Removed manual intervention.
- No person dependency.
- Complete (E2E) Automated Solution (reduction of manpower).
- No need for manual decryption of the file.
- No need to copy files from the NPCI Portal for upload.
- No need to upload the file in .xls for reconciliation.
- Reduced file Processing time.