Direct credit
Direct Credit
A Payment solution enabling the clients to distribute payments to their beneficiaries directly into their accounts for the purpose of (loans, bonuses, incentives, Insurance Compensations, employee expenses, insurance settlements, refunds, and other types of payments).
Benefits:
- file Generator to prepare and validate the files in an effortless fashion.
- Process the payments electronically - timely and securely.
- Auto reconciliation and no need for paperwork.
- Direct credit to the beneficiary account – in Riyad Bank or other Banks in the Kingdom.