Mandate Management

The Montran Mandate Management Solution provides a 24/7, ISO20022 based and paperless centralized platform that deals with electronic mandates for direct debits and credit transfers.

At A Glance

Montran’s Mandate Management Solution (MMS) stores electronic copies of mandates that are used to check the validity of Direct Debit payments that reach an ACH or an Instant Payment solution.

Solution Highlights

Risk Management and Increased Speed through Automated Processes

Montran’s MMS solution significantly decreases the risks associated with Direct Debit payments, be it fraud or operational mistakes, through automated payments and mandates processing. An online repository of electronic mandates allows for much greater Direct Debit payments processing speed, dramatically reducing the time it takes to validate Debit transactions.

Fully Configurable Mandates Lifecycle

Operators of the MMS solution can set and parameterize mandates from a centralized user interface. Electronic mandate records can be submitted via ISO20022 messaging or manually input by participants.

Easy Integration with Existing Payment Systems

Montran’s MMS solution is extremely easy to integrate with existing ACH or Instant Payments systems and it can run as a separate or integrated service.

At A Glance

Montran’s Mandate Management Solution (MMS) stores electronic copies of mandates that are used to check the validity of Direct Debit payments that reach an ACH or an Instant Payment solution.