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Accesspay Launches Bacs Payment Facility With Integretd Bacs Approved Software

May 14, 2013

Accesspay announced the commencement of their BACS payment solutions. The web based platform integrates easily with existing softwares and systems of firms.

The service offers a high degree of transaction security as well as fast multi channels payments. BACS or Bankers' Automated Clearing Services includes Direct Credit, Direct Debit and AUDDIS in their electronic fund transfer system. All the BACS enabled servies are controlled from one easily navigate custom dashboard.

Making it easy for merchant and vendors

The next generation BACS Approved Software makes it supremely easy for the merchants to automate payments. The cloud based solution uses a next generation payment solution that follows a simple streamlined process.. By extracting the payment output data from the firm's back office system, the process then validates the same. The next step is to reformat the payee account data in the standard BACS format. All it takes for a merchant is to sign the payment file with the bank issued smart card. The easy access to BACSTEL-IP service makes the process less time consuming. The cloud solution from Accesspay is recognized by all major financial institutions including major back offices and accounting systems. The process allows easy automation of payment for B2B payments. For bulk payments; merchants can take help of the integrated Hardware Security module (HSM).

Accesspay's service is easily accessible from the internet. Making payments, collect a debit and even review transaction reports can be easily done suing the centralized management dashboard feature. Accesspay's BACS Software solution aims at curtailing major overheads that firms face in regulating payments.

Accesspay is a Headquartered in London and is a brainchild of technology and financial professionals. The senior management has more than 30 years of experience in financial management and technology, catering to a diverse portfolio of clients. The integrated cloud based payment solutions from Accesspay provided automated Direct Credit, Direct Debit and other BACS services.

For more information log on to Accesspay(dot)Com.

Source: http://www.1888pressrelease.com/accesspay-launches-bacs-payment-facility-with-integretd-bacs-pr-470814.html
 
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