Payment Hub Solution
Key Features
- Consolidation of legacy payment operation silos into a common shared payments service that is globally deployed yet locally controlled
- Credit Transfers: incoming and outgoing, SEPA and non-SEPA, customer and interbank payments in all currencies and destination countries
- Mass Payment Application supports the full transaction life cycle from transaction capture and value dating to mandate management, bulk debit and credit accounting and customer batch reporting.
- Direct Debits: incoming and outgoing collections under the SEPA Direct Debit Schemes (CORE & B2B)
- Corporate Payments: implementation of the Customer-to-Bank Interface under the SEPA guidelines
- Real-time/Instant Payments: incoming and outgoing payments under the FPS and SEPA Instant Credit Transfer
- Functionality available and APIs library support Request to Pay (RTP) schemes and Accounts to eWallets inflows/outflows
- AI-based algorithms and tokenisation features support advance payment methods
- Full support of PSD2 directive and Open Banking requirements through a layer of public API calls.
Benefits
- Standardise payments processes
- Reduce transactional and operational costs
- Create value-added payment services to clients
- Complete Payment life cycle trace (audit trail)
- Customisable with payment hub through user-defined business rules
- On the corporate level: Improved overall customer retention and business competitiveness through the creation of client-specific policies and new products
- On the financial level: ROI maximisation with easy adoption of new trends and technologies in payments, resource optimisation and lower overall costs
- Customer Satisfaction & Operational Resilience: Supports various channels and rules
