Bottomline Technologies and CODA Sign Partnership for BACSTEL-IP

A UK partnership agreement between Bottomline Technologies and CODA will provide businesses and financial institutions with BACS payment facilities as part of both CODA-Financials and its SME offering, CODA-Dream. Every UK organization that directly uses BACS will have to migrate to the new BACSTEL-IP service before BACSTEL is switched off at the end of 2005. The partnership agreement means that CODA’s customers will have access to Bottomline’s range of approved BACSTEL-IP payment and collection solutions and services bringing improved security, efficiency and reduced cost when making payments.


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