Payment solutions: the revolution in treasury management
Posted: Tue Dec 17, 2024 8:53 am
Open banking has led to the emergence of three new types of financial services for companies in terms of their treasury management:
Issuing payments at the initiative of the debtor. This is a service that allows companies to order a transfer to and from any account through a single interface, a website or a mobile application.
Issuing payments at the initiative of the creditor. This service allows pakistan phone number data the seller to request a transfer to the customer's own account. The transfer is conceived in this system as an action that requires validation by the customer, in addition to authentication by his bank.
Account aggregation. This is a service that aggregates information on balances and completed transactions from all of the company's accounts into a single interface (website or mobile app).
Sage XRT Advanced
Meet the new Advanced solution!
With features to make the most
of your liquidity in a flexible and efficient way.
Start the interactive tour
Employee working in his office
The three revolutions in payment solutions
In the very short term, companies will benefit from a deeply renewed range of payment solutions .
In fact, to encourage the fluidity of the European financial market and the competitiveness of the different continental players, the European Union will launch two significant reforms directly relate.
Issuing payments at the initiative of the debtor. This is a service that allows companies to order a transfer to and from any account through a single interface, a website or a mobile application.
Issuing payments at the initiative of the creditor. This service allows pakistan phone number data the seller to request a transfer to the customer's own account. The transfer is conceived in this system as an action that requires validation by the customer, in addition to authentication by his bank.
Account aggregation. This is a service that aggregates information on balances and completed transactions from all of the company's accounts into a single interface (website or mobile app).
Sage XRT Advanced
Meet the new Advanced solution!
With features to make the most
of your liquidity in a flexible and efficient way.
Start the interactive tour
Employee working in his office
The three revolutions in payment solutions
In the very short term, companies will benefit from a deeply renewed range of payment solutions .
In fact, to encourage the fluidity of the European financial market and the competitiveness of the different continental players, the European Union will launch two significant reforms directly relate.