Frameworx Application: Payment Interface Management

Category: (3) TAM Application Type

Application Identifier: 5.9.4.1

Maturity Level: 4

Overview

Overview

Payment Interface Management  - retrieves and transmits payment information with payment channel organisations (financial institutions/clearing houses) in a secure manner according to agreements.

Functionality

Payment Interface Management performs the following functions:

·         Manages interfaces between the service provider and payment channel organisations where payment request may be initiated within the service provider’s system or external payment agent systems.

·         Supports direct debit payments from the nominated (specified) bank accounts.

·         Supports refund transactions based on the saved payment transaction details.

Supported Business Services

(3) TAM Application Type Payment Interface Management

Appears on these diagrams:

• 5.9.4 Payment Management

Issues

• Application Framework 12.0 Addition
• Application Framework 13.0 Modification

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