Overview
Payment processing is changing. As businesses find new ways to sell and customers want new ways to pay, the business of providing efficient real time payment processing has become more challenging.
Businesses want to process direct debits, in bulk, as stand alone payments, process credit and debit cards in real time from their call centre, face-to-face and internet businesses. They seek rich MIS, reporting and reconciliation tools and also want to reduce or eliminate risk exposure. And they want them to be cost effective and technically easy to integrate. They see old geographical barriers breaking down and welcome SEPA (Single European Payments Area) which will make the eurozone a more open payment area.
Realex Payments is all about creating and running payment exchanges for financial institutions. It connects financial institution and their customers through the provision of payment exchanges - highly functional, multi channel, method and account based payment solutions that can be accessed from any application via the internet. As well as providing a comprehensive payment solution Realex Payments allows it to deeply integrate the payment processing function into business processes and improve quality.
