Category: (3) TAM Application Type
Application Identifier: 5.9.4.1
Maturity Level: 4
OverviewPayment Interface Management - retrieves and transmits payment information with payment channel organisations (financial institutions/clearing houses) in a secure manner according to agreements.
Payment Interface
Management performs the following functions:
·
Manages interfaces between the service provider and
payment channel organisations where payment request may be initiated within the
service provider’s system or external payment agent
systems.
·
Supports direct debit payments from the nominated
(specified) bank accounts.
·
Supports refund transactions based on the saved payment
transaction details.