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Bank and RTGS/EFT connectivity

TecFlax > Services > Fintech & Payments > Bank and RTGS/EFT connectivity

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Are bank transfers and payroll runs still done by hand?

Bank and RTGS/EFT connectivity

Direct integrations with commercial banks for RTGS, EFT, PesaLink and bulk payment or payroll disbursement.

What this covers

Connecting to a bank is a different discipline from connecting to a mobile money API. The interfaces are older, the batch windows are real, and a file that fails validation at four in the afternoon is a problem until the next business day. We build these integrations with that reality designed in.

The work covers real time transfers over RTGS and PesaLink, EFT batches, and bulk disbursement runs for payroll or supplier payments, including the file formats, the validation, the acknowledgement handling and the exception path for the payments that do not go through.

What’s included

  • Direct integration with commercial banks
  • RTGS and PesaLink real time transfers
  • EFT batch processing, including file formats and validation
  • Bulk payment and payroll disbursement runs
  • Acknowledgement handling and a defined exception path
  • Batch window and cut-off behaviour designed in, not discovered

Rails and technologies

RTGSEFTPesaLinkBulk disbursement
Feeds directly into reconciliation and settlement, where bank statements are matched against your own ledger.
Every platform on this page can be covered by a 24/7/365 SLA support and maintenance agreement, and monitored end to end so a failing transaction flow is seen before your customers report it.

Sound familiar?

Tell us about the project and our engineers will come back with a practical proposal.

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