Skip to main content
Only available in ChileDirect payments is only available in Chile. It’s not available in Mexico yet.
In direct payments, the money flows directly from your customer’s bank account to the recipient account you specify. If you collect the money in a single bank account, you’ll need to periodically download your bank statement, run a reconciliation process to track and match Fintoc payments and handle any external bank transfers you may receive.

​
Fintoc Reconcilies

This schema allows you to receive payments directly into your own bank account, while Fintoc will run a reconciliation process to help you track and match incoming transactions by accessing your account’s transaction records.

​
How it Works

  • Your customers send payments directly to your bank account.
  • Fintoc has read access to your bank account’s transaction records.
  • Every business day, Fintoc runs a reconciliation process to identify and match transactions. At the end of that process, Fintoc will send you a file with the reconciliation results.

​
Considerations

  • Only for Chile. Availability depends on your bank. Contact us to check if your bank account is eligible for this schema.
  • The integration process is the same for Fintoc Reconciles and Direct Payments.
For more details on this reconciliation process, visit the “Handling Payment Exceptions” and “Reporting and Reconciliation” sections.