MindCraft's PayConnect is a comprehensive, adaptable, secure, real-time product that integrates various domestic payment channels such as RTGS, NEFT and SWIFT with the bank's CBS while providing centralized monitoring and governance across all channels.
Apart from providing a central hub for integration, PayConnect also provides an operations console for tracking of payments. It provides end to end visibility & real time tracking, maintenance and management of messages, allowing delivery of Service Level Agreements with large customers. Its service oriented architecture empowers the bank to integrate and enable STP of its core functionality with RTGS and NEFT gateways.
Straight through processing for a majority of the transactions
Handles large volumes of transactions with ease
View the end to end lifecycle of a transaction
Limits transactions to ‘In-Error’ transactions
Control timing of bulk processing
Implements a powerful audit, based on tracking