Phixius provides interoperability between vetted participants who connect directly to the platform in order to more securely exchange data rather than storing it in a central repository, such as in the cloud. Transactions occur via standardised open APIs developed by Afinis Interoperability Standards and ISO20022.
Phixius, developed and operated by Nacha, is a platform that uses technology, standardised APIs and rules to enable interoperability for the secure exchange of payment-related information within a trusted network of connected credentialed service providers (CSPs). CSPs connect to Phixius to improve automation and reduce payments fraud in areas such as onboarding customer information, invoice requirements, payor authorisation and enhancing services for their customers.
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