TRAVIC-Payment Hub for individual payments

Handling complex processes of individual payments comfortably and in a future-proof manner

Financial institutions are faced with the challenge of moving to the ISO-20022 standard for individual payments. Both TARGET2 and EBA EURO1 as well as cross-border payments (AZV) are affected. This 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 individual payments.

With the TRAVIC-Payment Hub, PPI AG offers you the latest solution for the core processing of European payments. Following the Euro large-value 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.