AccessPay has partnered up with R. Raphael & Sons to offer corporate and financial institutions cloud based payments and direct debit management systems.
They will create a fully automated solution for the prepaid and agency banking industry that negates the need for on-site software.
The companies promise high levels of security and a richer banking experience for clients of companies that use the cloud for internet banking, electronic payments and online Direct Debit management.
Raphael will add this to their Bank’s Bacs, Direct Debit Management, Faster Payments, SEPA and SWIFT International payment propositions.
AccessPay CEO Ali Moiyed said, "The partnership with Raphaels Bank represents another landmark in AccessPay’s vision to deliver leading edge technology and the best customer service to the UK and International Banking community."
Andrew Downs, General Manager at R. Raphael & Sons, added, "We are excited to add AccessPay’s innovation and technology to our client offering.
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By GlobalData"The relationship with AccessPay reinforces our commitment to drive efficiency gains and support new avenues of growth for our existing and prospective business partners."