PRODUCT PURPOSE
This payment service provides efficient and cost-effective payment processing for multiple or large sets of financial transactions.
PRODUCT FEATURES
- Supports processing of all funds transfer types;
- The internet channel Supports multiple processing modes;
- The internet channel supports multiple charge allocation for bulk payments;
- The internet channel provides for multiple charging structures
Channels that Support this service are;
- Internet banking (Corporate)
- Branch/Agency
- Host to Host
BENEFITS
- Flexible processing of multiple payment transactions in large volumes. (To advise on number of records on a single bulk file for the internet channel).
- Ability to choose from multiple bulk payment processing modes