This solution has inbuilt straight through processing engine to have direct host to host connection to process the above payments. It allows automatic processing of transactions without any manual intervention and pre-defined business rule will escalate any exception for the manual action.

It is a web based highly scalable, modular, workflow based and business rule driven application that has been designed to facilitate the bulk payment and collection requirements of the corporate clients. The solution interfaces with multiple banks for processing of payment and collection transactions. This enables the corporate client to rationalize their payment across various banks.

This solution supports multiple inbound and outbound file formats to facilitate easy integration with the legacy host, bank and other third parties. This solution helps corporate clients in cutting down the issuing of manual cheques for Merchant payments by replacing it with the electronic payment.