TRAVIC-Payment Hub for cross-border and high-value payments

Handling complex cross-border and high-value payments processes comfortably and in a future-proof manner

Financial institutions are faced with the challenge of moving to the ISO 20022 standard for individual payments. These include both high-value payments via TARGET2 and EBA EURO1 and cross-border payments (AZV). The ISO 20022 standard requires not only new formats but also new processes and access procedures. At the same time, cost pressure and the need for more transparency in the processing of cross-border payments are increasing. Reason enough to compare existing solutions with the possibilities of new and modern applications for cross-border and high-value payments.

With TRAVIC-Payment Hub, PPI AG offers you the latest solution for the core processing of European payments. Following the high-value euro procedures, the integrated solution for cross-border payments is about to be completed. It goes without saying that this solution also takes into account the requirements of SWIFT gpi such as the universal confirmation, which will be mandatory for all banks from November 2020.

The clearing solution is designed as a hub that implements uniform processes for all relevant payment channels (own customers, clearing systems or correspondents) – without neglecting the necessary differentiation of incoming and outgoing payments and forwarding.

Flexible application scenarios allow the use of the TRAVIC-Payment Hub either as a complete payment system or "only" as a clearing bank for the connection of existing customer bank systems or third-party banks.


Ready for CBPR+

November 2022 will see the introduction of the new cross-border payments ISO standard 20022 CBPR+. TRAVIC-Payment Hub in its version 4.0 will already be ready for CBPR+ as of January 2022. SWIFT has tested the functionality and officially confirmed the CBPR+ readiness for PPI AG. The current version – TRAVIC-Payment Hub V3.1 – already fully supports TARGET2 MX.

Now also available as payments as a service!

You can now purchase our TRAVIC suite products either on-premises or as a service with operation in the cloud. Get in touch with us!

Further information to download

The TRAVIC-Payment Hub is based on the ISO-20022 format and is therefore optimally prepared for the challenges of the TARGET2 MX migration.

  • Configurable connection of all relevant interfaces
  • Individual workflows for each client
  • Fully-automated receipt allocation and processing of ACK/NAK, MT012/MT019, overdraft, embargo and others
  • Rule-based account assignment for payments and messages (MT900/MT910)
  • Return processes, generation of requested return format with two clicks
  • Currently in development is a bridge to the SEPA mass payments system 
    • Acceptance of urgent orders from the SEPA clearing bank
    • Submission of SEPA-capable orders to the SEPA clearing bank
  • Teamwork support via routing slips and the pausing of payments
  • Individual start page with the user-specific display of current to-dos
  • Mass changes via multiple selection
  • Linking of all operations to one transactio
  • Excel and CSV export functions from all overviews and detailed windows
  • Complex route control with the Payment Navigator
  • Generation and matching of cover messages
  • Comprehensive conditions for correspondents and customers
    • Individually configured customer products
    • Fees
    • Settlement modalities
    • Cut-off & value date rules
  • Notification & forwarding rules
  • Exchange rate addition with variable workflows


Bernhard Walter


Bernhard Walter
Head of Sales for Payments Products

+49 151 23944206

Thomas Riedel


Thomas Riedel
Leading Product-Manager

+49 151 59438450

Further information to download