Global Processing Services (GPS) is an accredited global card processor that also specialises in the prepaid arena, delivering tailored card functionalities across the UK. EMEA, APAC and North America.
Moving money from A to B in a professional and timely manner can be a challenge in the prepaid industry, and conveying £millions daily, to hundreds of bank accounts, GPS was faced with a number of challenges and inefficiencies.
In order to galvanize their competitive advantage, GPS decided on an automated system for processing Direct Debits and Bacs payments themselves.
By choosing Bottomline’s Bacs payments platform, PT-X allowed GPS to:
- Dramatically improve payment processing time, with money in accounts up to two days ahead of schedule, saving them £150,000 on float funding
- Report smarter, with improved visual representation of their Bacs payments and Direct Debit processing
- Easily integrate existing file formats with their new payments platform, making implementation simple and seamless
Download the case study to find out how Bottomline’s secure Bacs payment platform PT-X has allowed GPS to regain reliability on payment transfers between accounts.
"The bit that blew me away was the response from Bottomline’s implementation contact when I asked what file format PT-X needed. His response was “Give me your standard file format and we’ll manipulate our data into that – just give me an example and we’ll set it up for you.” The implementation was brilliant, it was really straightforward; and we went live very quickly" said Dewar.