South Africa's BankServ selects MessageWay for interbank payments

Source: MessageWay Solutions

MessageWay Solutions, Inc. of Livonia, Michigan, a leading provider of B2B e-commerce solutions, today announced that their flagship managed file transfer product - MessageWay - has been selected by Bankserv in South Africa to consolidate their high volume electronic file exchange.

Originally established in 1993, Bankserv is an integral part of the South African banking infrastructure providing their clients with the highest quality transaction, switching and value-added services. As a result of a recent search for a solution to manage bulk payment exchange, Bankserv decided on MessageWay Solutions as their preferred provider.

According to Manoj Bhika, Head of Delivery at Bankserv, the favored file exchange solution needed to go beyond technical superiority. "Our track record for performance and availability are Bankserv hallmarks," said Bhika. "We needed to ensure that the solution we deploy for moving bulk payment files lived up to our exacting standards for service level excellence. MessageWay proved itself to be up to the task."

Bhika spearheaded the product evaluation for Bankserv and observed, "We're extremely pleased with the outcome of our pilot. MessageWay will enable us to accelerate file distribution to our customers and our internal applications. It also puts us in a much better position to respond to new service opportunities in the African banking market."

MessageWay Solutions president, Greg Faubert, was enthusiastic about the Bankserv relationship. "Suffice it to say that we are gratified by Bankserv's demonstration of confidence in our solution and we share their values for service excellence."

Faubert went on to say that he is looking to expand MessageWay's penetration in South Africa, among other markets. "We believe there is an opportunity for reliable EC solutions in RSA. By demonstrating service excellence, support and advanced technology with Bankserv, we can do much more in South Africa."

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