Origix IP - SEPA Compliance with Value-added Services
Origix IP is a cost-effective SEPA Direct Debit (SDD) platform allowing Direct Participant banks offer a fully branded, value-added proposition to Indirect Participant banks that solves their immediate SEPA reachability requirement. Origix IP eliminates complexity and risk while reducing the cost of SDD adoption. Origix IP's modular architecture ensures scalability, operational efficiency, ongoing compliance and a pay-as-you-grow incremental cost profile.
Key Features
- Payment handling facility that deals with non-standard payments including setting notification rules and workflow processes
- Usage-based billing system that ensures costs reflect actual volumes
- Reports that facilitate the daily, weekly, monthly reconciliation of each IP
- Common interface to DP's accounting system
- Payment Status Reports provided in legacy format
- Blocking SEPA direct debits based on specific mandates, specific creditors or based on transaction type
Benefits
- Establish your brand as a market-leading SEPA bank providing innovative solutions to financial institutions
- Provide financial institution clients with a functionally rich SDD solution with no installation costs
- Reduce time-to-market with a hosted, off-the-shelf proven solution
- Reduce integration costs by reusing existing payments formats
- Maintain control of service operations with advanced monitoring tools
- Ensure business continuity with clustered servers and a full disaster recovery environment
- Ensure incoming collections are compliant with B2B and B2C SEPA schemes
Download the Origix IP brochure
Click to request a product demo
