Payments as a Service

Create a simpler way to manage your B2B payments

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Automate your global payments process with Serrala

Payments as a Service is our managed automation offering. Our fast and efficient approach alleviates the complexity of managing global payments, supporting the entire ecosystem from bank connectivity to payment formatting and bank communications.

Outsourcing payments creates cost efficiencies via reduced infrastructure and operational expenses. It also optimizes, scales, and secures your payment processes and activities with full visibility and transparency, allowing you to focus on other critical and value add operations.

What can automating with Payments as a Service do for your organization?

Connect you
to the world

One application for all your payments across the globe, reducing infrastructure requirements and the need for in-house expertise.

Secure and compliant payment processing

Maintenance of bank connections and formats as well as their evolution, guaranteeing secure and compliant payment workflows at any time.

Speed up your payment’s lifecycle 

High volume payment processing with limited effort. Our expert team enables a fast and accurate payment lifecycle.

Payments as a Service gives you:

Automated platform operation

We manage the ongoing operation, updating, monitoring, and support of the platform and its functions according to strict SLAs.

Assisted SWIFT onboarding

We handle the complexities of SWIFT onboarding with a guided walkthrough of all paperwork & technical onboarding steps – including configuration and operation of the SWIFT environment.

Format conversion management

Convert between bank-ready payments formats and other file types via our pre-built database. And proactively update and migrate between formats as standards, regulatory requirements, and your needs change.

Seamless ERP integration

Integrate data flows from any ERP to create
seamless visibility and streamline your operations

Ready to learn more?

Explore our knowledge center

Payments as a Service: The CFO Advantage for Financial Agility

Payments as a Service (PaaS) replaces rigid payment systems with easily scalable cloud technology that delivers performance and measurable return on investment.

Payments

4 min

Payments as a Service: Freeing IT to focus on what matters

Serrala Payment as a Service is a cloud-native platform hosted on Microsoft Azure, that manages the full lifecycle of bank connectivity and format conversion, so your team doesn’t have to.

Payments

4 min

PaaS – What is Payments as a Service?

Payments-as-a-Service is our managed automation offering. Our fast and efficient approach alleviates the complexity of managing global payments, supporting the entire ecosystem from bank connectivity to payment formatting and bank communications.

Payments

4 min

What are Payments as a Service (PaaS)?

Payments as a Service (PaaS) is a cloud-based solution that enables businesses to process and manage payments without the need for in-house infrastructure. It allows companies to accept payments, handle transactions, and integrate payment solutions into their platforms via APIs. Serrala dedicated team handles all aspects of payment processing, including transaction authorization, security, fraud prevention, and settlement, offering businesses a simplified, scalable solution for managing payments.

How does Payments as a Service ensure the security of payment transactions?

With Payments-as-a-Service prioritize security through several robust measures, including:
– Sensitive payment data is encrypted both in transit and at rest to protect it from unauthorized access.
– SWIFT certified partner, including yearly audit and compliance process by SWIFT organization.
– Regular Audits & Security Updates: Serrala continuously update their security measures and undergo regular audits to maintain compliance and protect customer data.

Why should I consider outsourcing my payments processes?

Using Payments-as-a-Service created a new dynamic:
– Reduced Complexity: You don’t have to manage the technical aspects of payment gateways, fraud detection, or security compliance (e.g., PCI DSS). The PaaS provider handles these elements.
– Scalability: As your business grows, the service can easily scale to handle increasing transaction volumes.
– Cost Efficiency: By outsourcing payment processing, businesses can avoid the costs of setting up and maintaining their own infrastructure.
– Faster Time to Market: With ready-to-use APIs, businesses can integrate payment systems quickly into their websites or apps.
– Security & Compliance: Leading PaaS providers adhere to the highest security standards and regulatory requirements, helping businesses avoid costly security breaches and non-compliance issues.
 

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Automate your global payments process with Serrala