Banking Solutions for the Nordics and UK

Applicon Payment Connector

The Applicon Payment Connector is a financial transaction service, serving as a layer between the transactional systems and the clearing infrastructure in the Nordics and UK. The objective of the Applicon Payment Connector is to build a generic standardized payment solution enabling connection to local payments and clearing infrastructure based on the strategic approach of centralized crosscountry banking systems.

Applicon Payment Connector attributes

• Mapping – Applicon Payment Connector facilitates the mapping between clearing formats and internal formats.
• Processing – Offering a standard way of processing and delivering data, e.g. known processes are used for data handling. Processes are transparent and reuseable, relying on the definition of processes in ISO 20022.
• Traceability and validation – Applicon Payment Connector is designed to trace and handle reruns of payment transactions.
• Logging - Logging is handled by Applicon Payment Connector. All logs are made available in SAP standard user interface.
• Security and archiving – Applicon Payment Connector is designed to handle security and manage archiving.

Further reading

Applicon Payment Connector