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ITE's collection and disbursement solution

ITE's collection and disbursement solution is a technical solution that connects service providers with a bank's payment channels so customers can pay bills quickly, simply and conveniently. By building one complete technical solution, ITE gives payment intermediaries a system that connects to many kinds of service provider and runs collection and disbursement services professionally, efficiently and in line with State Bank regulations.

What makes the solution stand out

The solution helps payment intermediaries exchange electronic data messages and process and reconcile collection and disbursement results professionally, accurately and quickly.

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It is designed to connect to a wide range of payment channels and to the many service types offered by different providers — telecommunications, television, tuition, electricity, insurance, aviation and more.

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It supports professional, efficient transaction and partner management reporting in line with State Bank regulations.

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Standout features

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The administration and operations interface is organised by audience, works on PCs, tablets and smartphones, and covers a wide range of functions: managing partners (service providers, banks and others); managing transactions across payment channel, service type and provider; managing and charging fees per specific party; and professional, efficient statistical reporting in line with State Bank regulations.

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The integration APIs are published online in detail as Swagger documents, so banks can build integrations for internet banking, mobile banking, kiosk banking and other channels easily.

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