Reduce the cost of your payments

By initiating successful payments with dramatically reduced
manual errors and correction costs

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By initiating successful payments with dramatically reduced manual errors and correction costs.

Experian can help you reduce the cost of your payments by initiating successful payments with dramatically reduced manual errors and correction costs.

Reduce rejections in payments processing

Reduce rejections in payments processing

By ensuring that your payment data is correct and can be processed prior to submission, we can help you to reduce rejections and the time and cost associated with rectifying payment errors.

Bank Wizard - Virtually eliminate errors and the associated cost in your UK and International payments data prior to submission.

Bank Wizard Absolute - Make the connection between your customer and their bank account details up-front to minimise payments failure and the cost associated in rectifying misapplied payments.

Experian Payments Gateway - Minimise the risk of human error in payments processing by automating your payments systems and improving efficiency.

Faster Payments

Faster Payments

We can help you reduce the cost of your CHAPS payments by allowing you to manage both your Faster Payments and Bacstel-IP submissions through a single solution. Although a cheaper alternative to CHAPS, Faster Payments are irrevocable, so by eliminating transaction errors and confirming account ownership prior to submission, we can help you ensure your Faster Payments reach the intended recipient avoiding costly errors.

Bank Wizard - Eliminate costly transaction errors and manage customer expectations by ensuring that account details are correct and that the beneficiary account supports Faster Payments prior to submission.

Bank Wizard Absolute - Confirm ownership of the recipient bank account and identify where Faster Payments will fail due to account closure, non-existent accounts or deceased account owner.

Experian Payments Gateway - Manage your Bacstel-IP and Faster Payments traffic through one solution.

Reduce paper checks and manual intervention

Reduce paper checks and manual intervention

By automating your collections and payments processes we can help you negate the need for costly paper and manual verification measures that cause delays and increase customer churn.

Bank Wizard - Make sure your customer’s details are right first time by validating your customer payments data up-front over the telephone or online.

Bank Wizard Absolute - Reduce fraud and negate the need for manual verification measures by making the connection between your customer and their bank account details up-front in near-real time.

Experian Payments Gateway - Consolidate and automate multiple payments systems to significantly reduce paper processes and the risk of mistakes.

Increase the efficiency of your payment submissions

Increase the efficiency of your payment submissions

By virtually eliminating errors in your payments data and by consolidating all your back office payment submissions into one fast secure system, we can help you drive efficiency by submitting your mission critical, complex payments securely and cost effectively.

Bank Wizard - Improve the efficiency of your payments and minimise the cost of repair and rejection by virtually eliminating errors in your UK and International payments data prior to submission.

Bank Wizard Absolute - Make the connection between your customer and their bank account details up-front to minimise payments failure and the cost associated in rectifying misapplied payments.

Experian Payments Gateway - Consolidate and automate multiple payments systems to significantly reduce costs and the risk of human error.

Know your customer

Know your customer

By making the connection between your customer and their bank account details in near real-time at the point of sign-up, we can help you comply with increasing regulatory requirements, legislation and best practice guidelines that can add to the complexity and cost of acquiring new customers.

Get more customers to sign up with me

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