Press release
Payment Components adds BAHTNET to FINaplo financial messages, empowering banks in Thailand
BAHTNET-FINaploFM-
BAHTNET (https://www.paymentcomponents.com/payment-components-adds-bahtnet-to-finaplo-financial-messages-empowering-banks-in-thailand) is a critical financial infrastructure that serves Real-Time Gross Settlement (RTGS) of large value funds transfer between financial institutions or other organizations maintaining deposit accounts at the Bank of Thailand (BOT). With the addition of BAHTNET, FINaplo now supports most of the financial messaging standards, enabling banks and financial institutions to connect to various payment systems around the world.
This new addition will help financial institutions in Thailand streamline their payment operations, reduce operational costs, and improve efficiency. The FINaplo library for BAHTNET supports both inbound and outbound messages and includes features such as message validation, parsing, and routing.
The addition of BAHTNET to the FINaplo financial messaging libraries comes as an enhancement to our existing libraries, which include the ISO20022 payment schemes of MEPS+, FedNow, P27, and SIC/euroSIC among others. With a focus on innovation, Payment Components continues to invest in its product offerings, enabling its customers to keep pace with the changing landscape of global payments.
For more information about FINaplo and how it can help your business, please visit https://finaplo.paymentcomponents.com/
Get in touch with us to learn how we can help you!
ATHENS 14 Chatziantoniou Street,
Marousi, 151 24, Greece
Tel. : +30 210 6145 050
Contact:
Business Development Zoi Kioustelidou at zk@pc14.eu
PaymentComponents is a global B2B solution provider for the Payments and Open Banking space. We provide open and light software components in payments, financial messaging, and open banking that can transform your business. Our solutions are the necessary ingredients for more than 60 Banks, and Financial Institutions spread across 25+ countries to help them innovate and become digital champions.
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