This approval a significant milestone for Hanse Orga Group as Bacs is the recognized leader in automated payments within the UK’s financial system, providing an essential service for both consumers and organizations.

Hanse Orga Group is one of less than 20 approved software providers able to provide Bacs payment solutions directly. With this new approval, EBSec customers can directly process salaries and settle invoices from suppliers within the Bacs electronic payment system, collecting Direct Debit and making Bacs Direct Credit payments from one bank account to another.

“Bacs is the clear leader in the UK when it comes to processing payments, with almost everyone in the UK being touched in some way by its products and services,” said Sven Lindemann, CEO, Hanse Orga Group. “Only software solutions that have passed a number of rigorous testing and approval processes are approved to connect to the Bacs system, and we are proud that EBSec has achieved the highest degree of quality standards. Our customers are the direct benefactors of this as they can rest assured payments will be processed securely.”

The requirements for electronic banking solutions are continuously growing. In addition to professional and regulatory issues such as SEPA, EBICS or SOX, corporations also must consider the highest possible security, the automation of payment processes, and the integration into the existing infrastructure and application landscapes. Hanse Orga Group’s electronic banking solution EBsec® makes payments simpler, more efficient, secure and sustainable. Customers are able to strengthen their competitive edge by optimizing financial automation processes.

Key aspects of the EBSec solution include:
• Workflow and process optimization of existing payment processes
• Consideration of integration options into the existing infrastructure of the organization
• Protection of sensitive data from fraud by unauthorized persons
• Intuitive and simple usability