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Solutions > Online Bill
Payment System
Solution for Utilities and other Bill Issuing Companies
The service provider
institutions, mostly telecommunication providers, have established bill payment
networks that allow banks to make online payments. Member banks can benefit
from these networks with Online Payment Center (OPC) interface system. By
utilizing OPC it is possible to perform online bill payment without requiring
any use of legacy media.
The bill payment
transactions are performed in compliance with the time and format standards
notified by the institution. Banksoft OPC interface also sends the total amount
and the number of transactions performed within the day to the institutions
with a reconciliation message within the time period indicated by the
institution.
Banksoft OPC has the
analysis infrastructure that is required for eliminating any internal and
external problem arising in the reconciliation. The procedures are in place for
the users to easily monitor the daily transactions.
Banksoft OPC is
currently used at various banks to successfully perform the bill collection of
Turk Telekom, Turkcell, Vodafone, Avea and Bagkur. OPC safely and smoothly
covers the transaction volume, which may increase up to 300.000 per day at a
single bank. ompanies can make life easier for their customers by enabling
financial institutions collect the payments on their behalf.
Basic Features
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Capability to serve both the bank and the biller side
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In addition to phone bill, cable TV bill, loading prepaid
minutes, automated bill payment instruction, partial invoice payment and
performing any type of transaction indicated by the provider institution.
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Guarantee of delivering messages directly to the institutions
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Automatic bill collection
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Healthy operation of the system under very intense
conditions
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Ability to resubmit the bill collections at the end of the day
if requested by the institution
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Monitoring all transactions within OPC management screen
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Branch and institution based reporting
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Analysis and exception handling ability to eliminate the
problems of any error or non-agreement
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ISO 8583 standard Communication
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