- Global PAYplus for SEPA is a payments hub for all Euro transactions
- Euro-Centric Liquidity Management
- Global PAYplus for SEPA based on the robust Global PAYplus platform
Global PAYplus for SEPA™ provides an integrated solution to meet the challenge of SEPA-mandated high impact changes while maximizing Straight Through Processing rates and preserving income from existing payments operations.
Global PAYplus for SEPA provides messaging support for all Euro schemes: TARGET 2 and the European Banking Association's EURO 1, STEP 1, and STEP2.
Global PAYplus for SEPA incorporates new technology embedded in the SEPA technical infrastructure (including ISO 20022, SWIFT Cash Reporting).
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.
Business
- Provides a financial institution with the payment processing and liquidity management functionality required to handle Euro payments in the Single European Payments Area (SEPA)
- Operates within a financial institution's existing payment systems infrastructure, maximizes payments Straight Through Processing rates, and provides automated control over payments fees and charges
- Assures support for current SEPA requirements
- Designed with the view to the long-term support for European payments evolution
