Payment settlement in the national and international arena is characterized by a large number of payment formats.
Despite the current drive towards harmonization, notably the SEPA and CGI initiatives, a range of national or international payment formats remain in place.
Omikron’s add-on modules for payments include support for national formats in the following countries :
The most widespread formats used for international payments are MT100/MT103, MT101 (RFT - Request for Transfer) and MT104 (IDD - International Direct Debits); naturally Omikron has modules compliant with these formats.
A single design concept is used for all payment modules. A standardized range of functions and user handling is provided. By default, all session types used in the given payment system are supported, e.g. credit transfers, direct debits, urgent transfers.