Eiger Systems claims BACSTEL-IP can reduce cost and risk of payment processing

Thursday 11 November 2004 11:13 CET | News

Eiger Systems has launched a nationwide campaign - BACSTEL-IP: planning your migration strategy - to raise awareness of BACSTEL-IP, the new BACS payment submission platform that replaces the existing BACSTEL service on 31st December 2005.

As well as highlighting the need for every organisation that submits Direct Debits and Direct Credits to BACS to migrate to BACSTEL-IP by this deadline, the campaign is emphasising the value of BACSTEL-IP in reducing the costs and risks associated with payment processing. Aimed at the country’s top two thousand Finance Directors, BACSTEL-IP: planning your migration strategy emphasises the importance that Eiger Systems places on securing senior management commitment and support for BACSTEL-IP. Although the final deadline for migration to BACSTEL-IP is only 12 months away, Eiger Systems believes that there is sufficient time for organisations to plan their migration strategy in such a way that they derive maximum benefit from the new technology.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce