Customer Payments Hub
Global PAYplus™ OmniPAY is a web-based intelligent payments hub that processes mixed payments files using your existing payments infrastructure.
Global PAYplus OmniPAY accepts mixed payment customer payment files containing multi-currency batched payments received through electronic banking channels.
Its processing capabilities include batch validation, money laundering interdiction, interim re-batching of currency payments for FX System pricing, method of payment selection and routing, fee calculations, payment scheduling, and settlement receipt tracking.
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 Benefits
- Allows financial institutions to offer a "single window" to its payments customers
- Supports integrated payables and receivables
- Supports self-service through a corporate browser-based interface for increased customer satisfaction, lower risk and reduced cost
- Optimizes unit transaction costs and customer satisfaction by choosing the appropriate clearing venue
- Delivers new revenue with superior ROI for targeted solutions, such as International ACH
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Key Features
- Establishes a single payments hub for all transactions
- Consolidates and streamlines payment operations
- Delivers new revenue sources from customized services
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IT Benefits
- The heart of Global PAYplus is its N-tier open systems architecture and multi-platform technology, providing global banks with a high performance, scalable and reliable infrastructure
- Through the use of open technologies and standards (UNIX/Windows, Oracle/SQL, SOA, XML), Global PAYplus offers an efficient services-enabled processing engine, with a low Total Cost of Ownership and a minimal support burden on in-house staff
- Through the use of processing rules, Global PAYplus empowers business staff to adapt system behavior to business requirements, without having to involve in-house IT staff or Fundtech
- Because users can configure Global PAYplus directly from the Graphic User Interface, there is no need for a large in-house support IT staff with specialized application expertise
- Through the use of its zero footprint thin client, Global PAYplus allows users with appropriate security credentials access from bank locations anywhere in the world for payment entry, validation, repair, reporting, or system administration
- Global PAYplus provides a flexible interface to internal bank systems such as DDA, FX Clearing, OFAC Interdiction, and many others
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Key Features
- Establishes a single payments hub for all transactions
- Consolidates and streamlines payment operations
- Delivers new revenue sources from customized services
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Operational Benefits
- Supports distributed access to, and centralized control of your global payments operations, realizing improved productivity and increased cost-efficiencies
- Provides mechanisms to deliver advices and notifications to gateways and advising engines, closing the information loop in a customer friendly way
- Follows the concept of the "Gold Source" for Static and Reference Data, whereby the data are hosted on the systems of record, thus minimizing duplication, complexity, and inconsistencies
- Provides facilities to import, hold, and maintain Static and Reference data
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Key Features
- Establishes a single payments hub for all transactions
- Consolidates and streamlines payment operations
- Delivers new revenue sources from customized services
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