Multichannel Payments System
MPS (Multichannel Payment System) is a sophisticated payment gateway for financial institutions to integrate various service payments (utility & bank services) into bank core system through different channels like kiosks, internet bank, mobile bank, branches etc. MPS can communicate with service providers, other payment gateways and agents.
MPS performs automatic clearing, settlement and reconciliation of transactions based on defined rules and schedules. It’s an ideal tool to seamlessly integrate various utility, mobile, state services payments.
Core modules:
- Direct Debits Module
- Standing Order Module
- Clearing and Accounting Module
- Charge rates Module
- Bank integration module
- System Administration Module
- MPS Integration API, for communication with external channels, internet banking, mobile banking, SMS banking, self-service terminal and etc.
Technical Data:
- Java, Spring Boot
- Web based UI
- MS SQL, Oracle or PostgreSQL Database. Support of other RDBMS can be added easily
- Rest, Soap web service
Advantages:
MPS is very stable for different kinds of exceptional situations, this is very important as system is integrated with numerous kinds of services providers
Flexible permissions based on administration module
External systems can be easily integrated via MPS Integration service, which provides all needed functionality for external channels
Service oriented modular architecture allows easy addition of new service providers
Supports many types of automatic payments, fixed payments, variable payments, balance pre-payments and etc. Depending on type of automatic payment, initiator can be either Service Provider or Bank.