The central unit of automated payment transactions.
A payment factory stands for the centralization of payment flows. The TIS platform is a solution that can, for example, receive the payment files from the ERP system and, after appropriate authorization, send them securely to banks in accordance with specific regulations. Diverse e-banking systems are thus replaced via a uniform communication pathway to the banks. Companies that use a payment factory achieve more transparency and control over their payments as a result. And they save high interest payments, IT expenses, and time.