Benefits
PayX adds value to your organization by in a diverse
PayX brings direct and indirect benefits for your organisation. These will be experienced by the central staff, agents and distributors. PayX would help you acheive:
- Complete web-based solution delivering security, ease of access and an user friendly interface
- Rich standardised features with ability to customise, easy to implement, multi country, multi-lingual, multi-currency and multi-channel transactional system
- ‘24X7’ operations to cover your international correspondents' business hours.
- Reduction in operational overheads by automation of several back office manual processes
- Automation via end-to-end process reducing delivery time, resulting in improved customer satisfaction and client retention
- ‘One-stop’ solution for treasury management/auto reconciliation, and agent’s commission statements
- Depth and breadth of products and services to meet your business needs
- Automation of your business processes to increase productivity and cost cutting
- Create and processing of transactions within seconds
- Reduction in risk due to Know Your Customer (KYC) & Anti-Money Laundering (AML) compliant operations through sophisticated checks such as Verification check, Blacklist check
- Legal and secure transactions with the help of sophisticated Compliance Lists integration using Office of Foreign Assets Control (OFAC); Her Majesty's (HM) Treasury, UK; United Nations Security Council (UNSC); Politically Exposed Persons (PEP); Office of the Superintendent of Financial Institutions (OSFI) Canada; and other authorities
- Bespoke customization to suit your business model
- Quicker processing due to previously stored details in the system
- Increase efficiency and improve Return on Investment (ROI)