NectorPay – Clearing & Payment Settlement System Suite

A robust and profound solution designed to deliver the most reliable and secure payment clearing and settlement service by adapting to the new technology with a variety of payment settlements including BACS, Faster Payment both inward and outward, New digital cheque clearing (ICS).

Intuitive MIS dashboard

A unique end to end value chain Payments Clearing & Settlement service including payment processing with extensive MIS Dashboard to manage the direct debit mandates, funds return, DD return handling through ARUDD or ARUCASS services.

Adhoc & On-demand reporting

Supports Ad-hoc and On-Demand reports generation through integrated Reporting Platform offered as part of the MIS Dashboard.

Ensures Accuracy & Compliance

Web-based MIS application for monitoring all incoming files and applying bank-specific business rules and accuracy checks for validating the payment and clearing instructions. 

Data Analytics & Reporting

Integrated analytical and reporting tools enable banks to gain insights into the payment trends.

THE BEST FIT FEATURES

• Secured an On-Premises solution to ensure DPO compliance requirements.
• The non-intrusive deployment model enables the banks to implement the solution with zero or minimal changes to the existing systems.
• Significantly reduce the internal operational costs of multiple systems for the different payment instruments.
• Protect your business reputation with utmost security to the payments with multi-layered security measures.
• Enhance your customer relationships with better and zero error in the process cycle in bringing greater confidence and reliance on your Clearing and Settlement Process.
• A competitive SaaS-based licensing model enables you to procure an all-inclusive solution.