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News

BACS Payment Schemes Limited confirms Eiger Systems as UK leader in payment processing

Monday 3 April 2006 10:45 CET | News

Industry figures published by BACS Payment Schemes Limited confirm that Eiger Systems, processed over 4.35m electronic transactions daily throughout December. This represents 33.8% (87 million) of all BACS payments (Direct Credits and Direct Debits) submitted via BACSTEL-IP. By the end of 2005, Eiger Systems processed more electronic transactions per month than any other BACSTEL-IP software provider.

Since its launch in June 2003, Eiger Systems’ global payments platform, EigerPAY Gateway, has become the industry-preferred solution for high volume or complex Originators submitting electronic payments to BACS. Users include Standard Life Insurance, BSkyB, BT and Dixons, part of the DSG group.


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