Achieving Payments Straight-Through Processing


Payments are accelerating. However, efficient digital payments are not just about speed.

Confidence in automation – knowing your payments will go through first time, every time, and without manual intervention – is where digital payments technology leaves the others behind.

The key to offering your customers a seamless payments service is to eliminate inaccurate and incomplete data from the payments process and achieve Straight-Through Processing (STP). Doing so will prevent inefficiencies – including unnecessary repairs, delays for the customer, rejections, and fees – making faster payments a reality.

Explore the resources below to learn about the latest payments trends and how you can optimise your STP rate.

Introducing Bankers Almanac Validate

Automatically improve your bank payments data to eliminate failed payment costs and provide a seamless customer experience.

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