corporate PAYMENT.FACTORY
You can save costs with the standardisation and centralisation of payment transactions through corporate PAYMENT.FACTORY.
International payment transactions are complex due to the variety of country-specific data formats, which cannot always be processed automatically (non-STP). The consequences are high IT costs and more administrative effort.
corporate PAYMENT.FACTORY, by contrast, relies on a universally applicable format on your behalf (e.g. ISO20022 XML native or Stuzza XML or CGI XML, SWIFT MT101).
Your benefits
- Cost and time saving
- Reduction of operational risks
- No administrative resources needed in case of local format changes
- One channel to all Erste Group banks in CEE
- Seamless integration into ERP-system possible (such as SAP)