BankFlex SEPA
BankFlex® SEPA Solution
BankFlex® Digital Banking solution has full support for SEPA (Single Euro Payments Area) to process euro-denominated transactions
BankFlex® supports both main SEPA schemes viz. SEPA Credit Transfer (SCT) and SEPA Direct Debit (SDD).
BankFlex® SEPA solution can be deployed as a standalone payment gateway for SCT and SDD, between a business and the European banking system
Supports complexity of SEPA compliance, such as mandate management and notification requirements for direct debits
Fully supports API based and message queuing using MQ Series
Supports all ISO20022 protocols
Supports both real-time and file transfer interfaces
It is highly secure with PGP Encryption and Digital Signature Security
All interactions with participating systems are fully audited
Multi-threaded architecture to seamlessly support a large payments load
Highly performant system
