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OmniPAY
 
Key Features
  • Establishes a single payments hub for all transactions
  • Consolidates and streamlines payment operations
  • Delivers new revenue sources from customized services

Global PAYplus™ OmniPAY is a web-based intelligent payments hub that processes mixed payments files using your existing payments infrastructure.

Global PAYplus OmniPAY accepts mixed payment customer payment files containing multi-currency batched payments received through electronic banking channels.

Its processing capabilities include batch validation, money laundering interdiction, interim re-batching of currency payments for FX System pricing, method of payment selection and routing, fee calculations, payment scheduling, and settlement receipt tracking.

This product can be deployed on a stand-alone basis to integrate within a financial institution's existing payment infrastructure or as a fully-integrated component of Fundtech's Global PAYplus payment solution.

  • Operational
  • IT
  • Business
Benefits
Business
  • Allows financial institutions to offer a "single window" to its payments customers
  • Supports integrated payables and receivables
  • Supports self-service through a corporate browser-based interface for increased customer satisfaction, lower risk and reduced cost
  • Optimizes unit transaction costs and customer satisfaction by choosing the appropriate clearing venue
  • Delivers new revenue with superior ROI for targeted solutions, such as International ACH