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Introduction

Welcome to the Payen PACE documentation.

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This guide assumes that the reader has an understanding of the payment service industry, data communications and how to connect to third-party solutions. The audience for this document includes finance and technical teams who wish to use Payen PACE.

The Payen PACE or P ayment A utomation C onfirmation E cosystem is designed to simplify the handling of international treasury and payments functions.

The system offers the following key facilities:

  • Merchants are able to upload payments via file upload or API to Payen PACE in a common format regardless of the route the payment may take to reach its destination, reducing errors from manual intervention.
  • On upload, payments are validated for common data issues to reduce payment rejection, with a built in edit capability for making amendments and revalidating.
  • A second user approval system gives full control over the authorisation process to the merchant, ensuring all payments are correctly verified and approved before being submitted for onward processing.
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Payments submitted via the API are automatically approved once they pass validation, so don't require a second user to approve.

  • Multiple levels of access are available (View, Upload, Approver, Search) to tailor access for key personnel.
  • Payment history with search capabilities.

Possible Payment States