Key Features
1. Comprehensive CHAPS Support
Our solution accelerates the creation of an integrated system based on FTM, specifically tailored to process payments for the following UK payment schemes:
- Bankers' Automated Clearing Services (BACS)
- Clearing House Automated Payment System (CHAPS)
- UK Faster Payments Service (FPS)
2. Format Flexibility
FTM for UK Payments Integration offers the capability to receive and send payments in the formats used by different payment schemes. This ensures adaptability to the diverse requirements of the UK payments landscape.
3. Transformation Extender Integration
Implemented using IBM Transformation Extender (WTX), our solution provides input and output mappers for each payment scheme. These mappers encapsulate the details of the message formats defined by the payment schemes, transforming them to and from the FTM internal standard format (ISF).
Integrating with FTM Applications
Our FTM for UK Payments Integration maps are designed to seamlessly integrate with FTM applications. Leveraging WTX integration flows embedded within FTM, we ensure a smooth and efficient integration process.
Benefits
- Efficient Payment Processing: Streamline payment processing for BACS, CHAPS, and FPS schemes, reducing time and enhancing operational efficiency.
- Adaptive Format Handling: Navigate the intricacies of various payment scheme formats effortlessly, ensuring your system is adaptable to evolving standards.
- Transformational Integration: Seamlessly integrate with FTM applications using WTX integration flows, simplifying the integration process.
