BANKPAY
BankPay ensures a fast, frictionless checkout experience and secure customer enrollment.
Rather than pulling out a card or check, customers simply input their banking details at the payment screen. We connect a customer’s preferred bank information to their online retail wallet in seconds.
Once enrolled, customers are recognized at every Certegy-supported merchant when making future purchases. We protect their information by saving each bank account as a limited-use randomized number called a “digital token.”
While customers are rewarded with the convenience of a digital, direct payment solution, your business enjoys lower risk and lower costs.
Your customer selects BankPay at the payment screen of your app or website.
If the customer has not previously enrolled, they have two options:
ACH Link
Enroll in online banking by logging into your preferred bank — no routing/account numbers required.
Manual
Manually enter bank routing and account numbers.
Through ACH Link, the customer’s bank account is linked to their online wallet across our entire network of retailers.
Enrollment in BankPay can be adjusted to include one or multiple combinations of features, depending on your business needs.
ACH Filters
MICR Validation
Negative File
Postive File
Rule Based Risk Parameters
Risk Analytical Models
Comprehensive Fraud Controls
Settlement
Loss Mitigation/Claim Coverage
ACH Filters
MICR Validation
Negative File
Positive File
Rule Based Risk Parameters
Risk Analytical Models
Comprehensive Fraud Controls
OPTIONAL: Settlement
Loss Mitigation/Claim Coverage
ACH Filters
MICR Validation
Negative File
Postive File
Rule Based Risk Parameters
OPTIONAL: Risk Analytical Models
OPTIONAL: Compre-hensive Fraud Controls
OPTIONAL: Settlement
Loss Mitigation/Claim Coverage
ACH Filters
MICR Validation
Negative File
Postive File
Rule Based Risk Parameters
Risk Analytical Models
Comprehensive Fraud Controls
Settlement
Loss Mitigation/Claim Coverage
Certegy is more than just payment technology. We provide robust, industry-specific solutions, aligned with each client’s unique set of needs and customers.
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