ACE Software Solutions, specialist in intelligent financial transaction management and sanctions compliance technology for banks and corporates, said that Equens, the first pan-European full-service payment processor, is offering the Dutch business community conversion services based on ACE’s PelicanPay.
Equens offers three separate modules that businesses and organisations can purchase either individually or combined. With format conversion, the current format in the Netherlands for transfers and direct debits (ClieOp) is converted to the new single euro payments area (SEPA) format. Transaction delivery enables businesses to send transactions to one or more banks via Equens.
The third service, account and processing information, enables full reconciliation of payments with bank statements in various bank specific formats into one single report.
“We took the decision to work with ACE not only because they are experts in the field of payments, but also because they have a proven track record in developing solutions addressing corporate needs,” said Jan Sonneveld, chief operating officer (COO), Equens. “We look forward to a long term partnership.”
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