- A platform for the delivery innovative payment services
- Consolidated payment operations for greater efficiency
- Centralized control improves liquidity and risk management
- Custom-tailored operations and services with rules technology
- Customized pricing for multiple client segments
- Unlimited expansion capabilities
Global PAYplus™ supports the processing of all types of Mass Payment transactions including batch files with multiple instructions (pure or mixed currency), bulk-type instructions (for example, single debit with multiple credits), multiple formats and format types, manual and template-driven initiation, and standing instructions for automatic scheduling.
Global PAYplus implements all Mass Payment instruments - Outward and Inward credits, Outward and Inward debits, through the full transaction life cycle: from transaction capture, value dating, warehousing, currency conversions, balance look-up for credit risk control, regulatory interdiction, posting, automated fees/charges calculation, ACH processing, inquiry and audit trail generation, to the handling of the 4Rs (Returns, Refunds, Reversals and Rejections), and mandate management.
Business
- Adjusts to rightsized requirements for any bank
- Enables Financial Institutions to process electronic payments (High and Low Care, Urgent and Non-Urgent) with highest level of Straight Through Processing, efficiency, and customer differentiation - locally, globally, and across geographic regions
- Drives new revenue and enhances customer service through the use of rules and customer segmentation. Its powerful rule-based processing engine affords Financial Institutions significant flexibility to tailor processing workflows for maximum STP; for payment product differentiation in terms, fees and charging, notifications and other automated special handling for customer payments; and to meet any local or regional regulatory processing requirements
- Supports “white label” processing for external Financial Institutions, compartmentalizing each entity for privacy, accounting, and regulatory purposes
- Supports rapid entry into new markets though its unparallel coverage of payment market infrastructures (either directly, through companion gateways, or via partners)
