Payments
Our platform offers highly scalable, end-to-end payments capabilities supporting all major networks, schemes and file layouts. The high levels of automation in our platform generate efficient and reliable straight-through processing for payments, achieving over 99% efficiency for some clients. Our platform comes with state-of-the-art integration capabilities via API as well as standard, certified adapters, allowing for smooth integration with messaging and clearing networks.
Our payments capabilities enable you to process high volumes of transactions reliably and efficiently through automation.
Benefits
End-to-end coverage
Automate the end-to-end payment lifecycle from payment initiation to settlement on one platform.
Multi-channel approach
Cover multiple initiation channels, including digital banking, PSD2 and card payments.
Regulatory compliance
Ensure full compliance in your payments processes with our ISO 20022 compliant solution.
Explore our payments capabilities in detail
Instant payments
With our platform, you can seamlessly offer clients instant payments functionality, meeting EU regulatory requirements by ensuring payments are delivered within ten seconds at any time.
Payment scheme coverage
Our platform connects via state-of-the-art integration to all third parties required for a modern payments provider. Standardized adapters can easily be added and certified to accommodate new requirements and regulations.
Standing orders and direct debits
Our platform supports regular monthly payments in the form of standing orders and direct debits. Import direct debit contracts, mandates, future-dated payments, standing orders and collective orders from external systems to eliminate manual effort.
Payment enquiry messaging
With our platform, you can get support for resolving payment enquiries, including SWIFT and SEPA message formats. Customizable incoming and outgoing message handling helps to swiftly resolve any client issue.
Card processing
Our platform enables card processing, including issuing and management of virtual, credit and debit cards. In addition, the platform supports scalable high-volume processing of card transactions.
Straight-through processing
Together with our Banking Operations services, delivered as business process as a service (BPaaS), our payments capabilities are enabling banks and wealth managers to increase efficiency with as high as 99% straight-through processing rates for some payment types.
1m
transactions are being processed with the Avaloq platform every day
Raiffeisen Switzerland
Discover our other capabilities
Find out how we meet the needs of banks and wealth managers on one comprehensive front-to-back platform.
Digital experience
Show your clients you understand their needs with a hyper-personalized web and mobile experience.
Client management
Equip your front office with fully integrated capabilities designed to simplify any client journey.
Investment management
Harness powerful portfolio management and investment advisory capabilities to grow your business.
Trading
Manage the full trading process from order management, routing and execution to settlement.
Lending and credit
Offer your clients a wide range of products with end-to-end coverage from initiation to ongoing risk management.
Treasury, risk and compliance
Stay compliant with regulation and manage risk across products and multiple jurisdictions.
Data analytics
Access insights from core banking via the latest data extraction and streaming technology.
Integration
Connect with third-parties and benefit from pre-integration with selected best of breed partners.
Want to learn more about our payments capabilities? Contact us today for further information on how we can help your business.