Despite the digitisation of many business operations, most companies still struggle with inefficient analogue payment processes —often involving several manual steps in wiring funds. Furthermore, each online banking channel relies upon it own proprietary user tokens to upload and authorise payments. For multi-banked or multi-national companies, this fragmentation can be very time-consuming and inefficient.
The Solution The OneLinQ Payment Hub is a cloud platform for all incoming and outgoing payments. The single platform consolidates connections to all of your banking partners, providing a single payment management process. OneLinQ ensures transmission in any payment format via any account or bank.
Within OneLinQ’s Payment Hub you can easily configure multiple subsidiaries or individual companies. With the powerful reporting and filtering tools, users obtain a global overview – whether of all outstanding payments, or the actual cash position per subsidiary or individual company. Access and authorisations can also be configured per user, subsidiary or company.
The payment hub also has user customisable workflows and can be accessed on all device types, including a full-featured mobile app (iOS & Android), enabling users to authorise payments wherever they are and at any time of day.
Simplify global connectivity
The OneLinQ Payment Hub offers payment initiation capabilities for 17 banks in The Netherlands, with this number increasing. The service supports domestic and international payments, including non-EUR, as well as urgent/priority payments.
One gateway to manage all bank accounts and payments
Reduced operational costs by using one platform for all your payments
Efficient routing of payments based on rules and priority
Coverage of European payments as well as International and SWIFT
Utilisation of host2host, PSD2 and Open Banking capabilities when bank-supported
With the single interface, payments can be delivered in any format or through our REST API or Secure FTP interface. OneLinQ takes care of the enrichment or conversion as per bank requirements. Being bank and format agnostic, it is easy to switch from or add new banks.
The Omni-channel user interface provides full access via mobile or tablet, ensuring anytime, anywhere control.
Payments Hub Benefits
Cloud based platform that is reliable and easy to implement. Secure and scalable using Amazon Web Services (AWS), the platform is live-mirrored in multiple European geographies
Integration with accounting packages for immediate optimisation of payment flows without requiring technical integration
Onboarding and product configuration is automated online through a simple onboarding process
Simplify your systems by using a platform that takes care of your payments now and in the future
OneLinQ Payment Hub Features
Comprehensive dashboards with a clear overview of all payments and their status
Intelligent routing of payments and collections—based on your payment instruction, OneLinQ selects the most cost or time efficient routing
Automated scheduling and execution of payments based on invoices to be paid in your accounting system
User customisable reports exportable to PDF or Excel formats
Comprehensive audit reports which include all user and system actions
Secure and reliable multi-factor authentication supporting biometrics and one-time passwords (OTP)
Real-time full search functionality for individual and batch payments
Manual entry of payments through the GUI, including pre-defined lists of beneficiaries
Fast validation and repair of submitted payment files. If mandatory elements are missing, the Payment Hub automatically repairs the instruction
The OneLinQ Platform is a powerful payment engine that is available as a Cloud service. It underpins all OneLinQ solutions: OneLinQ Payment Hub, OneLinQ Collection Hub and OneLinQ Cash Management Hub. All the OneLinQ solutions are designed to work seamlessly together.
OneLinQ’s Collection hub removes the complexity from Collections, enabling business to focus on what really matters.