PASSmultiPay – because tomorrow's payment transactions start today.
With PASSmultiPay, PASS offers a modern payment platform that meets the changing requirements of the banking industry. It is a powerful, automated solution that reliably processes payments – including real-time payments – meets compliance requirements, and remains efficient at all times, even with high volumes.
Highlights at a glance:
- Payment formats: Processing of ISO 20022-based SEPA, Instant, SWIFT, and T2 payments (TARGET2).
- Verification of Payee: PASS is a certified Routing and Verification Mechanism (RVM).
- High performance & automated: Efficient payment processing even with large transaction volumes. With average hardware equipment, more than 700 transactions per second/customer can be achieved.
- API-based integration: Modern web services enable seamless integration into core banking systems, banking apps, and payment initiation services. In addition, PASSmultiPay can also be used as a stand-alone application.
- Product and process configurator: Customized payment products – without additional development effort.
At a time when instant payments are becoming mandatory and standards such as ISO 20022 are setting the new norm, PASS offers PASSmultiPay, a flexible, future-proof, and powerful payment engine that enables banks to comply with regulatory requirements (e.g., DORA or PSD2) while providing innovative services to their customers.
You can find more information on our product page.