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Payments and Settlements

ORACLE PAYMENTS ARCHITECTURE

Oracle Payments is a complete payment and receipt processing solution that enables efficient, reliable and secure financial transactions. It is the central payment engine for Oracle E-Business Suite that lowers costs and improves control by integrating out-of-the-box with major processors and financial institutions.

Key Features include:

  • Central payment engine for E-Business Suite payments
  • Configurable formatting framework
  • Flexible validation model
  • Secure payment data repository
  • Seamless electronic payment transmission
  • Flexible support for various Business Payment Models
  • Dashboards for monitoring payment processe
  • Credit card support - validation, authorization and settlement
  • PINless debit card transactions
  • Out-of-the-box integration with leading payment processors
  • Open, extensible interfaces for integrating with other payment systems


 

 

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