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SAP Payment Engine

A single platform for end-to-end payments processing

The rise in new-age commerce technologies, combined with increased globalization has had a multi-pronged impact on financial services. One of the most significant impacts is the change in banking behaviors. It is now important for your bank to be highly customer-centric. It should also be able to provide cutting-edge payment services to a new generation of customers. A state-of-the-art payment hub with centralized payment processing capabilities can help your bank boost customer retention, reduce costs, and improve operational efficiency.

SAP Payment Engine

Long-term technology partners Infosys and SAP have joined hands to offer the SAP Payment Engine as a payments solution. The SAP Payment Engine is an advanced solution designed to help you significantly improve the process for inter-bank and customer-to-bank payments. By providing shared-service centers and in-sourcing models, the end-to-end solution streamlines all payments processes, standardizes interfaces, removes siloed payment applications, and enables the rapid development of new products.

Some features of the solution are:

  • One-to-one and one-to-many credit transfers and direct debits
  • Same-day or even real-time clearing and settlement
  • Single, queued and collective postings of internal and external transactions
  • Domestic and international transactions
  • Flexible customer correspondence (advices, payment exceptions, and payment recalls)
  • Extensive monitoring and status management
  • Open, multi-channel integration architecture
  • Supports multiple connections with SAP as well as non-SAP applications
  • High performance levels with significant scalability

Unlock value with tangible business benefits

  • Reduce costs: IT development and maintenance costs, along with manual efforts, can be reduced due to centralization and consolidation of payment services
  • Increase extensibility: Open integration architecture helps integrate with multiple payment channels, both inbound and outbound, and can connect with multiple account management systems
  • Manage regulatory compliance: Helps your institution comply with regulatory mandates such as single euro payments area (SEPA)
  • Enhance risk and liquidity management: The solution helps you combat fraud and money laundering more effectively by enhancing liquidity management
  • Improve customer retention: Advanced payment services add an edge to your service offerings and help significantly improve customer satisfaction, loyalty, and retention

The joint partnership between SAP and Infosys ensures that the product is backed by strong domain expertise, excellent implementation capabilities, and the ability to add further enhancements.

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