Payment Processing — Smartex Money
Payment Processing — High-Volume Transaction Engine
The Smartex Money Payment Processing module is a enterprise-grade transaction engine designed to handle high-volume payment flows across multiple currencies, channels, and payment schemes. Built for PSPs, banks, EMIs, and payment service providers, it processes thousands of transactions per second with intelligent routing, real-time settlement, and built-in fraud detection.
From SEPA and SWIFT transfers to instant payments, card processing, and alternative payment methods — the module unifies all payment rails into a single API-driven platform. Comprehensive reconciliation, automated exception handling, and full regulatory compliance ensure that every transaction is processed accurately and auditably.
Payment Rails & Channels
SEPA Payments
Full SEPA Credit Transfer (SCT) and SEPA Instant Credit Transfer (SCT Inst) support. ISO 20022 pain.001 message format. Automated IBAN validation and BIC lookup. SEPA Clearing integration with daily batch processing.
SWIFT Messages
SWIFT MT103, MT202, and MX (ISO 20022) message processing. Correspondent banking integration. Automated message validation and compliance screening. Full SWIFT gpi tracking for transparent cross-border payments.
Instant Payments
Real-time payment processing with 24/7 availability. Support for domestic instant payment schemes. Sub-10-second end-to-end payment execution. Immediate confirmation and notification to beneficiaries.
Card Processing
Integrated card acquiring and issuing processing. ISO 8583 message support. Authorization, clearing, and settlement workflows. Multi-scheme support — Visa, Mastercard, UnionPay, and domestic schemes.
Internal Transfers
Instant internal transfers between accounts within the platform. No external rails required. Real-time balance updates. Fee-free internal payment options configurable per customer segment.
Alternative Methods
Support for QR payments, mobile wallets, and alternative payment methods. Integration with third-party payment providers via standardized APIs. Configurable payment method availability per market.
Core Processing Features
Intelligent Routing
Multi-factor payment routing engine — cost optimization, speed optimization, and failover routing. Configurable routing rules per payment type, currency, and corridor. Automatic rerouting on rail failures with retry logic.
Multi-Currency Support
Process transactions in 150+ currencies with automatic FX conversion. Real-time exchange rate feeds from Reuters, ECB, and custom sources. Configurable spreads and FX margin management per customer segment.
Settlement & Reconciliation
Automated settlement processing across all payment rails. Daily reconciliation with scheme clearing files. Exception management workflow for unmatched transactions. Real-time settlement reporting.
Fraud Detection
Real-time fraud screening on every transaction. Integration with ADS Engine for AI-powered anomaly detection. Configurable risk scoring and automated decline/block rules. 3D Secure and SCA enforcement.
Batch Processing
High-volume batch payment processing for payroll, vendor payments, and pension disbursements. File import (CSV, XML, ISO 20022) with validation and error handling. Scheduled batch execution and progress monitoring.
API-First Architecture
Every payment function available via REST API with OpenAPI documentation. Webhooks for payment status updates. SDK for Java and Python. Sandbox environment for testing and certification.
Compliance & Standards
ISO 20022
Native ISO 20022 message support — pain.001, pain.002, pacs.002, pacs.008, pacs.009. Full message validation and schema compliance. Seamless migration from legacy MT messages.
Regulatory Compliance
PSD2, AMLD5, and GDPR compliant by design. Integration with Compliance Guard for real-time sanctions screening and AML monitoring. Travel Rule compliance for cross-border payments.
Audit & Reporting
Complete audit trail for every payment — from initiation to settlement. Regulatory reporting templates for central banks. SWIFT gpi tracking and transparency data. Exportable reports in multiple formats.
Ready to process payments at scale?
The Payment Processing module integrates with ABS Core, Compliance Guard, and the Report Server — providing end-to-end payment infrastructure. Schedule a demo to see it in action.
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