Financial services

Albany enables electronic payments

22 July 2008

A new application from Albany Software will allow all sizes of business to take full advantage of a wide variety of electronic payments, including Faster Payments and SEPA.

Albany ePay is integrated with Microsoft applications and will be available for all market sectors. Different versions will cater to individual organisations’ needs dependent on transaction volumes, internal processes and line of business. The solution is fully scaleable, allowing for additional functionality as business needs evolve.

“Albany ePay will enable advanced payment functionality with increased speed and performance for effective cash flow management, allowing businesses to choose between the traditional three-day payment model, Bacs, or the same-day payment model, Faster Payments which will become available early in 2009,” said Georgia Leybourne, sales and marketing director at Albany.