Bank of America Merrill Lynch (BoAML) Global Transaction Services (GTS) has implemented its CashPro® Any2Any for Global Payments Asia-Pacific (Hong Kong), Taiwan branch (GPAP), a leading worldwide provider of payment processing services, including 11 markets across the Asia-Pacific region. In mandating the bank’s GTS, GPAP can now processnlarger payment volumes for its Taiwan merchant base on a daily basis.
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. Powered by a repository of pre-mapping and integration capabilities developed in-house the bank, 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.
Furthermore, the solution supports both initiation of payments and bank statement reporting and provides seamless integration to CashPro® Online, BoAML’s worldwide client access channel and CashPro® Connect, its suite of host-to-host, global file access solutions.
“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,” said Ivo Distelbrink, GTS head, Asia- Pacific. “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.”
As one of the largest payment processors in Asia-Pacific, Global Payments delivers world-class payment solutions and services that help millions of businesses across the region to accept card payments and enhance customer experience. With its state-of-the-art payment processing technology and long-standing industry expertise, Global Payments enables merchants to maximize sales across customer touch points, ranging from brick and mortar retailers to eCommerce stores.