added
Real-time outbound payments using ABA batch file processing
October 24th, 2024
Azupay have recently added capability for batch processing of ABA files for outbound payments in addition to having batch file support for CSV files. Any ABA files generated by our clients' accounting or invoicing systems can be directly processed by Azupay instead of using their bank.
Here are the benefits of supporting ABA batch file processing for our clients:
- Improved cashflow: With DE payments taking many hours, often processing the next business day (not on weekends or public holidays), businesses are forced to fund their payment accounts earlier and for longer. With Azupay, clients can fund and send payments in real-time 24/7, every day of the year.
- Enhanced CVP: We all know how important Customer Experience (CX) is. Real-time payments directly boost CX by providing customers with instant gratification and convenience.
- Seamless transition: No development required to switch clients' batch processing over to Azupay. No paperwork required either for clients as clients are covered by existing agreement with us for outbound payments.