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Corporate Payment System
Enjoy the convenience of having your high- and low-volume transactions go directly from your line-of-business systems to Nedbank for processing using this secure host-to-host solution. It accommodates multiple service types: real-time transactions, same-day, one-day and two-day service, and early debit orders; It manages your working capital; and more...
If your business transacts at high volumes and your technologically advanced infrastructure has entrenched processes in your line-of-business system, Nedbank’s Corporate Payment System (CPS) is the solution for you. It offers you a convenient host-to-host solution that allows for smooth transaction data interchange between your business and Nedbank.
Features and Benefits
- It accommodates multiple service types: real-time transactions, same-day, one-day and two-day service, and early debit orders;
- It manages your working capital;
- It is a high- and low-volume transaction processing system;
- It allows for improved turnaround time and security;
- It ensures that you have complete control over financial and cash flow management;
- It reduces the risk of fraud and human error as it is fully automated;
- It allows you to set your credit limit and available balance based on your requirements;
- Enjoy a higher debit order success rate with non-authenticated early debit orders (Naedos), used in conjunction with CPS;
- Download your transactions directly onto your line-of-business systems with Final Transaction Information (FTI), which allows for effortless transaction reconciliation; and
- Validate account numbers before payment submissions, using account verification files.
Large transaction volumes and automation are streamlined with Nedbank’s Corporate Payment System (CPS).
