Solutions
Turnkey Clearing House Payments for New Banks
Solutions
Get to market quickly with future-fit payments processing
Make use of Electrum’s cloud-native end-to-end solution to take your BankservAfrica payments processing to market seamlessly and quickly.
Ensure your payments capability can process high transaction volumes, rapidly adapt to industry changes, and support a range of payment methods via all your channels.
Gain the edge on established banks
Accelerate your end-to-end solution development
Electrum provides a full end-to-end solution with a single integration point for your channels and core banking systems to access all BankservAfrica schemes
Complete observability
Comprehensive PayOps and Insights dashboards for tracking, tracing, and business intelligence observability
Future-fit payments capabilities
With a solution built in the cloud using the latest technology and designed to support the latest payment rails, you can be ready to adopt industry changes and process high transaction volumes
Partnerships
BankservAfrica’s Rapid Payments Programme Testing Platform, utilised by all South African banks in their PayShap implementation journeys, was built by Electrum.
Cloud-native, high-volume processing
A modular solution that incorporates:
Payment initiation,
Engine processing with all internal systems, and
Integration with BankservAfrica for all clearing house payments.
Clearing House Payments Modernisation
Modular technology to fit your needs
Iteratively modernise your capabilities by implementing a part of, or all of, Electrum’s Clearing House Payments solution to best suit your needs. Electrum’s payments technology seamlessly integrates with internal bank systems.
1
Payments Initiation Layer
Electrum’s multi-scheme payments initiation layer provides a single integration point for all supported schemes across multiple channels
ISO 20022-based, OpenAPI-compliant interface
Integration points for bank-specific initiation processing
Real-time, always-on tracking and tracing at a message- and file-level
2
Payments Execution Engine
Electrum’s 4th generation payments engine is built for the latest BankservAfrica payment schemes
ISO 20022 compatibility across all schemes for both financial and non-financial messaging
Workflow- and SLA-management
Complex authorisation, orchestration, posting and exception handling capabilities
Enforcement of scheme rules and industry calendars
CDV, Proxy, RTP and QR resolution capabilities
Real-time, always-on tracking and tracing at a message- and file-level
3
Industry Gateway
Electrum’s industry gateway allows you to adopt the latest BankservAfrica rails without affecting your payments execution infrastructure
Message and protocol translations to ensure backwards- and forwards-compatibility with industry technologies
File transport and processing window management
Industry health checks and observability
Real-time, always-on tracking and tracing at a message- and file-level
Electrum’s Clearing House Payments Solution
Next-Generation Technology
Agility that enables speed to market
Reduced complexity and open connectivity
Resilient and efficient scalability
Why Electrum
Thinking globally acting locally
Electrum focuses primarily on the South African payments landscape and we work closely with our clients to understand their business cases and unique requirements.
On-soil support in South Africa
Deep understanding of South African consumer use cases for payment journeys
Close relationships with South African Tier 1 banks
Keep up with the latest trends
Built with the agility to support new and emerging transaction types, specifically when it comes to handling high-volume, low-value transactions.
Don't let your existing system hold you back!
