Improve Government Payments From First-Pass Validation to Final Settlement
Discover how eCheck validation, same-day settlement, and chargeback protection can help government agencies improve payment success, simplify reconciliation, protect eligible revenue, and reduce administrative work.
Government payment operations can become complex at every stage of a transaction. Invalid banking information may lead to ACH exceptions and returns. Settlement delays can make transactions harder to match with deposits. Credit card disputes can require staff to research records, gather evidence, prepare responses, and monitor outcomes.
LexisNexis® Payment Solutions can help agencies address these challenges across the payment lifecycle. Together, the three resources highlighted below show how agencies can identify potential banking errors before submission, align settlement reporting with corresponding deposits, and reduce the financial and administrative impact of eligible chargebacks.
What You'll Learn
• How pre-validation can improve ACH payment success: See how validating routing and account information before payment initiation can help identify potential errors earlier, reduce avoidable exceptions and returns, and give users an opportunity to correct invalid information.
• How same-day settlement can simplify reconciliation: Learn how aligned transaction activity, settlement reports, and corresponding deposits can make daily balancing easier and provide a clearer view of incoming funds.
• How chargeback protection can reduce risk and workload: Discover how our Payment Solutions manages eligible disputes and assumes financial liability for qualifying chargebacks up to $5,000.*
• How an integrated approach supports staff efficiency: Understand how reducing payment errors, reconciliation work, and dispute management can help agency employees spend more time on higher-value work and constituent service.
Why It Matters
Payment issues can lead to added costs, manual work, reconciliation challenges, and revenue risk. eCheck pre-validation can help identify banking errors before submission, while same-day settlement and pre-funding can accelerate approved funds and keep reporting aligned. Chargeback protection can also help manage eligible disputes and protect qualifying transactions up to $5,000.* Together, these solutions can reduce avoidable work, improve financial visibility, and strengthen payment operations.
* Some exclusions may apply.
Validate Banking Information Before Payment
Invalid or outdated banking information can lead to ACH exceptions, returned payments, delays and additional administrative work. Bankers Almanac® eCheck validation solutions verify routing and account information before payment submission, helping agencies identify potential issues earlier, reduce avoidable returns and improve successful first-pass transactions.
Using trusted banking data, Bankers Almanac helps agencies reduce payment rework, lower operational costs and strengthen ACH payment quality controls. Earlier validation also gives customers an opportunity to correct invalid information during the payment process, helping transactions move forward with greater confidence.
Protect Revenue from Chargeback Risk
Credit card disputes can consume valuable staff time and create costs beyond the disputed transaction itself. LexisNexis® Payment Solutions manages eligible chargeback inquiries, retrieval requests and disputes and assumes financial liability for eligible chargebacks up to $5,000* , helping staff stay focused on serving constituents.
Chargeback Protection also allows daily funds to settle in full without holds while eligible disputes are resolved. By reducing the time, expense and uncertainty of managing eligible chargebacks, the service helps agencies protect revenue and reduce administrative workload.
* Some exclusions may apply.
Simplify Reconciliation and Access Funds Sooner
Government agencies process revenue from taxes, permits, fines, licenses and other services, but differing payment and settlement timelines can make reconciliation time-consuming. LexisNexis® Payment Solutions initiates settlement the same day a batch closes and aligns settlement reporting with the corresponding deposit, helping simplify daily balancing, improve financial visibility and support audit readiness.
Pre-funding also helps agencies access revenue sooner while reducing exposure to transactions that fail, are not received or become chargebacks. By keeping transaction activity, reports and deposits aligned, Same-Day Settlement reduces processing complexity and helps staff focus more time on managing agency finances.
Speak to an Expert
