January 2024 - feature updates

Core platform

  • Inclusion of client creditor account details in PayTo payment agreements: recent analysis has discovered that payer banks are analysing domain name details on creditor accounts in PayTo Agreements as a risk signal when deciding whether to allow approval for that agreement.
    As such, Azupay have created PayID(s) against our client accounts that we can use to address the settlement account for PayTo Agreements of our clients. Then payer banks can see the PayID domain for the client.

Azupay dashboard

  • Configurable search for payment requests: clients can now configure the search results displayed when using transaction search on the client dashboard so that they can easily find the payment request they are looking for.
    Additionally the merchant can export configured search results displayed to CSV file with their preferences saved