Form3, the cloud based end-to-end secure standard for global payments processing, today announced the partnership with Apply Financial, the specialist payments validation company. The deal will further enhance the Form3 Payments-as-a-Service platform with powerful automation services to validate, enrich, and fix single and bulk payments. Together this will allow clients to access payments schemes through a single API making payments processing, automation and integration easier.
The payments industry is undergoing massive change and disruption - key issues include the difficulties that come with fragmented, expensive and difficult to implement systems. Clients use Form3 to send and receive payments quickly, cost-effectively and reliably via the cloud, with no infrastructure requirements and minimal up-front investment. By integrating Apply Financials API's, clients will achieve 100% STP rates, as well as secure data and complying with regulatory requirements.
The Form3 cloud solution includes simple API's for clients to easily connect with their banks and directly into payment systems such as Faster Payments, Bacs, SEPA, CHAPS and SWIFT, without a complex web of disparate technologies.
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