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Axway FEX, SlimPay partner for SEPA Credit Transfers and Direct Debit Solution

SlimPay, a payment services independent provider, and Axway Financial Exchange (FEX) platform have joined forces to create a new service offering for Single Euro Payments Area (SEPA) requirements and to provide businesses and online merchants with SEPA implementation support.

Based on Axway FEX and suitable for all formats and protocols, SlimPay offers a pooled SaaS service to increase payment orders, while helps perform validation and alleviates businesses from configuring complex fraud management systems.

SlimPay can give its customers visibility, security and control over their payment transactions with Axway FEX, a flow exchange platform offering a range of functionality, including community management, multi-enterprise collaboration, robust analytics and process management.

Lowering costs, reducing risks and providing visibility, security and control over transaction flows, Axway FEX enables businesses to manage, consolidate and secure all their online credit transfers and direct debit transactions in compliance with SEPA processing time-frames and standards

SlimPay customers’ can learn the schedule of migration to SEPA, by keeping existing internal infrastructure assets while translating data into compliant formats.