Providing Business Customers with the Banking Self-Service Capabilities Needed to Stay Ahead in the Digital Age

Power the digital cash management solution that not only provides your customers with efficiencies in working capital management, accurate cash flow forecasts, but fully leverages revenue-ready digital financial services for optimized performance and ensuring regulatory compliance.

Leverage the ADAPTOR PTS platform, its SaaS model and +400 fully configurable, revenue ready and accelerated time to market Digital Financial Services and our proven Delivery Methodology for Digital Cash Management and next era payment solutions.

Who Benefits

Service Payment Aggregators.

Collection Banks.

Service Payment Aggregator Use Cases

This solution focuses its use cases, processes, and APIs in ensuring the provision of service payment aggregators with the generation of collection agreements with billers based on different collection models and integrating these agreements into universal payment catalogues and in turn – through its own or third-party channels – service payments on the catalog, via admitting multiple payment channels and settlement models.

BC / QR / Reference Collection Agreement

Offers the subscription of collection agreements under a Reference Collections model. Referenced collections are those which can be carried out 100% offline without the need to obtain any additional information. The reference is usually a QR or bar code which contains the complete information to execute the collection: Payment Amount, Payer Identification as well as information necessary to support the collection logic, for example if partial payments are accepted, payments due, means of payment, etc. The way in which the references are encoded are usually practical for each market and can be configured without the need for additional programming. The agreements signed are added to the catalog of services to pay and are offered to its own and third-party channels to make payments. Processes for commission calculation for the collection service, fund liquidation and commissions, calculation of taxes or withholdings, if applicable, and the generation of collection rendering reports are all included.

Online Collection Agreement

Offers the subscription of collection agreements under a Collection model with "online" consultations. The consultations are made to services (SOAP or Rest) provided by each Biller to consult the debt to be paid and can additionally include logical information to execute the collection. For example, if partial payments are accepted, overdue payments, payment channels, etc. The structure of the information exchanged is configured in the registration of the collection agreement. The agreements signed are added to the catalog of services to pay and it are offered to its own channels and third parties to make payments. Processes for commission calculation for the collection service, fund liquidation and commissions, calculation of taxes or withholdings, if applicable, and the generation of collection rendering reports are all included.

BD Collection Agreement

Offers the subscription of collection agreements under a Collections model based on importing biller files with information on the collections which will be used to consult the amounts to be paid and the business rules for each collection. The structure of the information exchanged with the Biller is based on a standard layout proposed by the market with the ability to be customized by Biller. This information is configured during the registration of the collection agreement. The agreements signed are added to the catalog of services to pay and are offered to its own channels and third parties to make payments. Processes for commission calculation for the collection service, fund liquidation and commissions, calculation of taxes or withholdings, if applicable, and the generation of collection rendering reports are all included.

Automatic Collection Agreement

Offer the subscription of collection agreements under an Automatic Collection model. These are based on importing files for each biller with information from the register of clients adhered to the automatic collection mechanism and the collections to be executed automatically. Each collection contains the amount, the date and the channels of payment that must be used to make the charge. The payment channels to be used can be debits to the same bank account, other banks via ACH Debit, Credit Card, Debit Card or Wallet. The structure of the information exchanged with Biller is based on a standard layout proposed by each market with the ability to be customized by the Biller. This information is configured during the registration of the collection agreement. Processes for commission calculation for the collection service, fund liquidation and commissions, calculation of taxes or withholdings, if applicable, and the generation of collection rendering reports are all included.

Subscription Collection Agreement

Offers the subscription of collection agreements under a Subscription model. These are based on importing files from each biller with information from the register of the clients adhered to the subscription mechanism, it includes information on the subscription scheduling along with the collection information such as the amount, the currency, the date and the payment channel to be used to make the charge. The payment channel to be used can be debits to the same bank account, other banks via ACH Debit, Credit Card, Debit Card or Wallet. The structure of the information exchanged with Biller is based on a standard layout proposed by each market with the ability to be customized by Biller. This information is configured during the registration of the collection agreement. Processes for commission calculation for the collection service, fund liquidation and commissions, calculation of taxes or withholdings, if applicable, and the generation of collection rendering reports are all included.

Third Party Collection Agreement

Offers the subscription of agreements with other service aggregators to complement the agreements generated via their own Billers. The service allows the integration of the associated aggregator's catalog and its own catalog, allowing the differentiation of which services are managed by its own agreements and those of third parties. The subscribed agreements are added to the catalog of services to pay and it is marked as an agreement managed by a third party aggregator. These services are offered through their own channels and those of third parties to make payments. Processes for commission calculation for the collection service, fund liquidation and commissions, calculation of taxes or withholdings, if applicable, and the generation of collection rendering reports are all included.

Universal Collection Catalog

Enables consultation and payment services based on collections in catalogs. The catalog contains all the information and metadata necessary for the payment channels to allow payment of said services. The channels usually configure the list of services to be paid dynamically as well as the information to complete to execute the collection. All data and metadata services to complete the payment action are offered by the universal catalog service. This catalog is also fed with the agreements signed with the billers or agreements with other aggregators of service payments.

Backend Bill Payment Processing

Offers real-time payment processing services from physical, electronic or business partner payment and collection channels via APIs. The payments received from these channels must be processed, commissions, taxes and witholdings calculated, and charged to the corresponding accounts (Billers, Collection Agents, Money Carriers and tax withholding agents). Processes for the reconciliation and settlement of collections against collection channels are included.

Payment Button

Use case that enables payment button service in eComerce portals, online payments tin Public and Private institutions, payments in social networks.

The payment button offers interaction via APIs and a plug-in to embed in portals, it allows the identification of the business, the services to pay and the means of payments that you want to enable. Payments received from the payment button are processed, commissions, taxes, withholdings are calculated and charged to the account of businesses or collection institutions.

Digital Financial Services & API Families

Payment

- Payment agreement.
- API Payment.
- Button Payment.
- Batch Transactions.
- Tax Payments.
- Custom Financial Services.
- Service Payments.

Collection

- Collections agreements.
- API Collection.
- Collection models:
* Referenced.
* Web Services.
* Data Base.
* Automatic Debit.

Cash & Correspondents

- Cash In/Cash Out.
- Check Payment.
- Money Exchange – FX.
- Disbursements.
- Repayments & Credit Cards Payments.
- Service Payment.
- Remittances.

Digital On Boarding

- Financial Product.
- Account & Digital Financial Services.
- Users & Customers,Device, Branch.
- Agents, Banks.
- Merchant.

Business Channel Agreements

- Correspondents, Remittances.
- Service Aggregator.
- Fintech.
- Billers.
- Correspondents Banks.

Financial Channels

- SWIFT, ACH, BANKS, Cards Processor.

Additional Out of the Box Functionality

Localization

Argentina
Brazil
Chile
Colombia
Dominican Republic
Ecuador
Mexico
Panama
Peru
Uruguay

Connectors

Standard Finance
  • SWIFT MT & MX
  • ISO20022, ISO8583
  • NACHA
Other Non-Transactional Integration
  • Identity Validation: Mexico (INE), Brazil (Serasa), Ecuador, Peru, Colombia (Civil Registry)

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