Electronic Payment Module:
Banking Solution provides a Bank with end-to-end processing of Inward & Outward Electronic Payments, especially for Corporate Clients.
Integrates with various Channels (Bank Customers, Central Bank/NPCI, Bank Operations, etc) for the Flow of Transactions
Handles Singular/Bulk mode Inward & Outward payments. Bulk pays includes Salary/other payouts, Bulk Collections like Telecom, Utilities, etc
- Accounting Generation into Bank’s Core Banking system
- It also integrates with other Bank systems for Auto-Debit Mandate verification, Global Sanctions check (OFAC - US Regulatory), Document Content Management System
- Web-based portal integrated to NPCI (National Payments body of RBI)