APEX Payment System (APS)
A centralized payments platform, designed to process all types of payments originating from many different payment mechanisms or channels.
APEX Payment System is a robust and intelligent solution to process financial messages and enable banks to integrate their EFT systems with secure financial messaging services providers such as SWIFT, SARIE, SEPA and similar. APS handles the settlement of financial transactions through the transfer of monetary value, and includes the institutions, instruments, people, rules, procedures, standards and technologies that make such an exchange possible.
APEX Payment System provides a range of functionality which allows financial entities to make customer payments in conformance with the standards of SWIFT, SEPA, SARIE and similar schemes by meeting the parameters set for Scope, Value Limits and other mandated service levels. Whether the organization is a Sending or Receiving participant, it can have complete confidence in its ability to meet the rules and standards of the international financial systems providers, as well as other Operation Rules and Regulations (ORR), when processing payments to different Bank Operation codes. Optimizing banking and financial relationships among all participants in the transaction, APS allows financial organizations to manage their payments and risk more effectively. Benefits include better cash management, visibility of all transactions and the ability to improve risk monitoring and management.
To find out more, download the product information sheet.