Paynet is the leading provider of financial processing services to the market through all Financial Institutions.
The Paynet System helps Banks automate their back offices, eliminating inbuilt costs associated with manual and semi-automated payments processing. It further saves on costs for the financial institutions customers’ through automation of payment instructions delivery, while affording them ability to receive electronic reports from the banking institutions.
The processing services include:
Electronic Funds Transfer Management Systems – PayFT and PayData, designed for retail and corporate payments including salaries
Core Banking and other back-office process systems for Financial Institutions