Check customer details in real-time
Significantly improve your straight-through processing and deliver improved customer service, simply by confirming your customers' account details
Confirm the validity and ownership of a recipient’s bank details so you can avoid accidental mistakes and minimise fraud simultaneously.
Reduce risk and cost
According to Bacs, a failed transaction can cost a business up to £50 to correct. By implementing Know Your Customer (KYC) checks at point-of-capture, you’ll save time and money upfront.
In today’s global economy, organisations must ensure that the individuals and companies they’re doing business with are indeed who and what they say
Businesses that collect Direct Debit are mandated to carry out checks on bank account data at the ‘point-of-sale’, prove that their customers are who they
say they are, and confirm that address and bank account details match to
Our validation and verification capabilities ensure that you adhere to the complex rules and stay compliant.
"The impact it has had on my business and the ability for me to have greater control over my cash flow has been massive. PTX has allowed my company to grow. Over the last 6 months, James Corporate Health’s monthly turnover has increased by 15%." Emma James | Owner and MD | James Corporate Heath
'22 Business Payments Barometer - General Findings
Curt Raffi, Chief Product and Innovation Officer from Bottomline, and Colin Swain, Global Head of Platform and Product Transformation from Bottomline, discuss the key findings of the '22 Business Payments Barometer from both the UK and the US.
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