Global Payments Asia-Pacific (Hong Kong) has implemented Bank of America Merrill Lynch’s (BofA Merrill) CashPro Any2Any solution at its Taiwan branch.
With the implementation, Global Payments now has the advantage of processing larger payment volumes for its Taiwan merchant base on a daily basis.
BofA Merrill’s Any2Any is a client-centric platform that processes clients’ transactions received in any file format, enabling enhanced systems integration between corporations and their banking partners.
The solution is compatible with all major industry file formats including EDI, ISO XML, SAP IDOC. It also provides the flexibility of accepting a client’s own payments files in any format.
In addition, the solution supports both initiation of payments and bank statement reporting and provides seamless integration to CashPro Online, BofA Merrill’s worldwide client access channel and CashPro Connect, its suite of host-to-host, global file access solutions.
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By GlobalDataIvo Distelbrink, BofA Merrill’s head of Global Transaction Services, Asia Pacific, said: "Across Asia Pacific, clients are demanding flexible solutions that can integrate with a variety of back-end systems with minimal disruption to day-to-day operations.
"The Any2Any solution ticks these boxes and allows Global Payments not only the benefits of improved payments infrastructure in its strategically important Taiwan market, but also the security of a banking partner with extensive international capabilities to support other businesses in various geographies."