What is UPS?
As payment volume and complexities increase at local and global levels, financial institutions need to ensure consistency and accuracy in transactions. Banks incorporate IT systems to quell any possible bottlenecks but they can often be complicated, cumbersome, and expensive
The Unified Payment System (UPS) is a comprehensive solution for financial institutions to streamline and manage their extensive transaction processes. As a one-stop solution, it consolidates all regulatory payment systems on a single platform. UPS is easy to install, integrate, and manage, facilitating a range of functions seamlessly, such as Image Cheque Clearing System (ICCS), Direct Debit System(DDS), Funds Transfer System (FTS), Wages Protection System (WPS) and Immediate Payment Instruction – Web Service Interface(WSI)
Why UPS is the best solution for your business?
- A web-based lightweight platform that is easy to deploy and maintain
- Scalable & modular architecture to accommodate multiple systems
- Trouble-free switching between payment modules such as FTS, ICCS, WPS, DDS, WSI
- Real-time monitoring with dashboards and reporting
- Seamless online integration capabilities for channel integrations
With UPS, banks can:
- Single & common user interface with definable transaction access
- Ensure efficient processing with flexible & configurable workflow
- Enable business continuity with independent module maintenance
- Save major costs on infrastructure
Hassle-free solution that is easy to install, integrate, & manage
With a decade of experience serving as the trusted strategic partner for banks and financial institutions of all sizes, we are renowned for our innovative and user friendly financial solutions.We are headquartered in Dubai, with our research and development centre in India and support centre in Bahrain. We help our clients to stay ahead of emerging business trends and outperform the competition by simplifying their systems and business processes. We empower businesses with payment solutions, IT staffing services, software consulting services and more. Our clients include multinational banks, mid-sized financial organizations, government entities, exchange houses and many big nonbanking financial institutions.
Changing trends in the financial industry, evolving business models, technological innovation and modified regulations are some of the challenges that banks and financial institutions, face today. Accordingly, their customers also demand a personalised experience to interact and transact. Our experience gives our clients a distinct advantage. Established in 2009, Unity has many financial products developed and implemented successfully to its credit, by thoroughly understanding the present and forthcoming industry regulations. Our solutions for payments are mission-critical. Many of the banks, finance and exchange houses across the Middle East relay on our highly scalable software solutions which offer seamless integration.Read More