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Solutions |
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How we can help improve the efficiency of your Direct Credits, Direct Debits and Faster Payments
In today’s economic climate payments efficiency is an important factor in reducing costs and ensuring profitability. By maximising the efficiency of your payments systems we can help provide secure, Straight-Through-Processing of your payments to minimise risk, improve customer service and deliver significant cost savings.
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Reduce rejections in payments processing »
By ensuring that your payment data is correct and can be processed prior to submission, we can help you to reduce rejections and the time and cost associated with rectifying payment errors. |
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Reduce paper checks and manual intervention »
By automating your collections and payments processes we can help you negate the need for paper and manual verification measures that cause delay and increase customer churn.
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Increase the efficiency of your payment submissions »
By virtually eliminating errors in your payments data and by consolidating all your back office payment submissions into one fast secure file, we can help you drive efficiency by submitting your mission critical, complex payments securely and cost effectively.
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Faster Payments »
We can help you increase efficiency by providing a single solution to manage both your Faster Payments and Bacstel-IP submissions. Faster Payments are irrevocable, so by eliminating transaction errors and confirming account ownership prior to submission, we can help you ensure your Faster Payments reach the intended recipient. |
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Know your customer »
By making the connection between your customer and their bank account details in near real-time at the point of sign-up, we can help you comply with increasing regulatory requirements, legislation and best practice guidelines that can add to the complexity of acquiring new customers. |
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