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Elexon has now significantly improved how payment and collections are made, with them seeing a 40% increase in Direct Debits collections without any change in their resourcing.

ELEXON are trusted, independent and reliable market experts that compare how much electricity generators and suppliers say they will produce or consume with actual volumes. It works out a price for the difference and transfers funds. With annual payments totaling 1.5 Billion pounds, they required a robust and secure payment technology to deal with such high-value payments.

Following a recommendation from their bank, Elexon implemented the PTX payments and Business solution suite.

Read the customer success story to discover how PTX has allowed Elexon to:

Meet payment and settlement utility industry obligations

Secure the end-to-end lifecycle for high-value payments

Minimise the risk of fraud or error

Safeguard against system failures

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