Bank on Us for Automated Recurring Payment Flows
Manage high-volume, scheduled payments with integrated mandate tracking, real-time failure alerts, and automated re-submission workflows.
The Modular Foundation for Service Delivery
Access to fully compliant, modular, core banking services, allowing institutions to launch products rapidly without managing complex backend infrastructure.
Mandate Management and Scheduling Control
Our platform provides a dedicated, compliant solution for managing both Direct Debit collections (receiving funds) and Standing Orders (disbursing funds), integrating mandate creation and full scheduling transparency.
Flexible Payment Scheduling
Configure complex, recurring schedules (e.g., weekly, monthly, quarterly) with automated date handling, payment splitting, and dynamic amount adjustments.
Integrated Mandate Tracking
Manage the full lifecycle of payment mandates, including digital creation, validation, termination, and auditing, ensuring compliance with scheme rules (e.g., SEPA).
Automated Batch Processing
Process high volumes of scheduled debits and credits efficiently with dedicated batch validation and guaranteed execution through resilient payment rails.
Compliance, Authorization, and Risk Mitigation
Mitigate consumer disputes and fraud risk through secure digital mandate creation, comprehensive scheme rule enforcement, and robust audit trails for every scheduled transaction.
Secure Digital Mandate Creation
Utilize integrated APIs to capture customer consent and create binding digital mandates with full non-repudiation features.
Automated Scheme Rule Enforcement
Enforce all specific payment scheme rules (e.g., pre-notification periods, refund windows) automatically at the platform level, reducing compliance risk.
Transaction Reversal Protection
Implement controls and logging to manage transaction reversals (indemnity claims) securely, minimizing potential loss and operational overhead.
Operational Efficiency and Failure Resolution
Reduce manual intervention required for payment failures and reconciliation through automated re-submission logic, real-time failure alerts, and integrated reporting tools.
Intelligent Failure Management
Automatically categorize payment failures and apply smart re-submission logic based on pre-set client rules to maximize collection success rates.
Real-Time Status Alerts
Provide instant alerts and detailed error codes for failed payments, allowing clients to notify customers and correct underlying issues rapidly.
Integrated Reconciliation Reports
Generate precise, consolidated reports detailing scheduled payments, execution status, and success rates for seamless integration with accounting ledgers.