Overview

The Payment Execution service enables seamless, secure, and automated payment processing through industry-standard file-based integration. This service allows businesses to submit payment instructions and receive status reports via Secure File Transfer Protocol (SFTP), ensuring reliable and auditable payment workflows.

Integration Options

Payments are initialised through SFTP (Secure File Transfer Protocol), providing a secure and reliable method for transmitting payment files.

We offer two hosting options:

Alpha Hosted SFTP Server - We provide and manage the SFTP infrastructure. You connect to our secure endpoints.

Client Hosted SFTP Server - You host your own SFTP server. Our platform connects to your infrastructure.

Supported File Formats

Our service supports ISO 20022 compliant payment message formats:

pain.001 – Customer Credit Transfer Initiation – used to submit payment instructions

pain.002 – Payment Status Report – used to receive payment status updates

Payment Batching

Our platform supports payment batches, allowing you to submit multiple payment instructions within a single file and receive aggregated status reports.

Security

Our platform supports PGP (Pretty Good Privacy) encryption and digital signing for payment files, ensuring data confidentiality, integrity, and authenticity during transmission and at rest.