Montran has successfully implemented its Payee Repository solution for a top private sector bank in India. This solution equips financial institutions with centralized, intelligent payee data management.

The Payee Repository solution is an advanced platform that centralizes, analyzes, and enhances payee information across multiple payment channels such as, RTGS, NEFT, IMPS and UPI. Adopting rule-based analytics and transaction intelligence, the solution enables banks to identify payer-payee relationships, mark safe payees, and assign confidence scores based on transaction behaviour.

Montran’s Payee Repository solution brings about unparalleled functionalities that not only helps banks enhance efficiency but also strengthen customer engagement. It is a step towards creating smarter banking ecosystems.

Key Benefits of Montran’s Payee Repository Solution:

• Unified Payee Data Management: Consolidation of payee details, including mobile numbers, email IDs, and UPI IDs, across multiple payment channels.
• Intelligent Beneficiary Insights: Identification of payer-payee relationships, transaction patterns, frequency, and volumes to support data-driven decision-making.
• Smart Risk Management: Configurable rule-based analytics that mark safe payees and assign confidence scores based on transaction behaviour.
• Business Expansion Opportunities: Enablement of targeted customer outreach by retrieving payee details beyond the bank’s existing customer base.
• Comprehensive Reporting: Detailed insights into top beneficiary bank branches, high-value payees, and transaction trends for operational strategies.

By transforming raw transaction data into valuable insights, the solution helps banks expand business opportunities and optimize operations with data-driven strategies.

With this implementation, Montran continues to revolutionize banking with solutions that optimize financial operations and unlock new opportunities in digital payments.