This product is designed to retrieve payment transactions made by customers from the bank. The Desktop Banking will be able to upload electronic statements from banks. This contains the payments made by the customers. Payments that have been made by the customers will be sent in a delimitated text file.

When each payment transaction file is uploaded from banks, it will be extracted and stored in a generic format in the Database. Authorized finance users will be able to view and verify the payment information before the information is posted to the financial system.