OverviewAuto Payment Service in Digital Banking Platform
supports payments, which are automatically
initiated by the platform in compliance with a
long-time schedule specified by the client.
The main types of auto payments are:
• Scheduled payments
• Payments at reaching a threshold value
• Payments at debt occurrence
Auto Payment Service parameters can be specified
and managed via the Operation Studio application.
Scheduled paymentsThis is the simplest type of payments. These
payments can be made in favor of the service
provider, which allows depositing an arbitrary
amount on customer’s account . A fixed amount
can be debited (for example, monthly) from a
client’s account in favor of a service provider.
The client can specify scheduled payment settings
in any service channel of the Digital Banking
Platform. This requires additional integration with
Payments at debt This is a more complicated type of payments. Auto
payment is to be made when the certain event is
occured. The event is generated by the service
provider – for example, the balance of the cellular
phone reaches the minimum allowed value. This
type of auto payments is normally used to replenish
the mobile operators or Internet providers account.
When configuring this type of auto payments the
customer should specify the amount of replenish-
ment. The maximum auto payment amount for the
period should be indicated, so the specified maximum
of withdrawals from the client’s account will not be
exceeded. This payment type requires a gateway with
the service provider or with the payment aggregator.
Payments at debt Auto payment is carried out based on a client’s debt
information from a service provider. The information
is requested according to the rules specified by the
user. It can be a fine or a housing service bill. The
invoice amount can be optional. When configuring
this type of auto payments, a client should specify
the maximum amount that can be paid. If the debt
is greater than the specified maximum amount, the
auto payment will not be executed. A user can limit
maximum payments amount for a period, so the
specified maximum of withdrawals from the client’s
account will not be exceeded. This payment type
requires additional integration with the service
provider or with the aggregator.
Fully functional solution
The described functionality works with the main cases of auto payments usage: scheduled payments, payments at event occurrence and payments at debt occurrence.
Managing auto payments is available to the client in any front-end application.
Scheduled auto payments are available as “out of the box” solution. The functionality of auto payments at event and auto payments against the bill is standardized. Integration with bank system and service providers is required
Demo access to back-office
Our employees usually demonstrate the work of back-office applications remotely. Demonstration the functionality of different system components can be performed when the agreement about technical terms and scenarios has been reached. Technical documentation can be provided as well.
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