Complete multi-channel payment delivery solution

PAYiT is a complete multi-channel payment system that incorporates detailed and flexible transactional workflow in payment up to validation accounting, online signatures, payment register, multi-channel funds transfer, printing, and accounting entry posting.

Functionality

Benefits

  1. Security and access control
  2. Unlimited customizable and flexible payment instrument templates
  3. Online endorsement
  4. Flexible query facility
  5. Flexible print device
  6. Accounting entries generation and automatic posting
  7. Payment channels
  1. Multiple payment channels on a single platform
  2. Payment fraud eradication
  3. Consistent and elegant payment document
  4. Drastic reduction in time required to process payments
  5. Complete elimination of manual input into payments
  6. Efficient and secure payment process etc.
  7. Core application integration

The payment channels supported by PAYiT include but are not limited to:

  1. Cheque printing for payment not exceeding N10 million
  2. Payment schedule export for CBN inter-bank funds transfer system (CIFTS)
  3. Payment schedule export for Nigeria inter-bank settlement system electronic funds transfer (NEFT)
  4. Payment transfer through switching organisations e.g., NIBSS, Interswitch, eTranzact, and ValuCard
  5. Direct link to bank’s payment parties/platforms

For more information, please contact Omolara on:

0803-460-5254

omolara.fawole@thepfs.biz