Real-time Global Money Movement Network from FIS
Your customers don’t always know when they’ll need to send money on the move. That’s where PayNet® comes in. PayNet is the power that moves money now.
PayNet creates an instant money movement win-win for you and your customers. The global money movement solution integrates with many front-end origination systems. Its secure, open architecture platform provides a transparent, seamless interface that you can offer to both your retail and business customers.
Built on the good funds model, PayNet enables instant:
- Authorization approvals
- Money transactions
With PayNet from FIS, you can:
- Create a new source of fee income
- Process instant person-to-person (P2P), account-to-account (A2A) and wire transfers
- Immediately process checks
- Expedite bill payment (replacing ACH)
- Provide direct mobile/electronic wallet access to deposit accounts
- Validate account information and balances in real-time
- Provide timely, relevant payment services
- Reduce your risk of fraud
- Strengthen your competitive edge