the new way to manage mandates
Electronic Mandate Management
The Hyphen Mandate Management system consolidates the various file formats required by your bank into a simple format and includes both mandate requests and responses.
Electronic Mandate Management
DebiCheck is an efficient and reliable collection system for both creditors and debtors. Debtor banks will store mandates electronically, resulting in more reliable early debit order collections and creating fewer reasons for a dispute to arise.
Services included in this solution
real-time connectivity
Web Services
Hyphen’s Web Service interface allows you to connect your line-of-business system to Hyphen and send real-time mandate requests.
business to business processing
Host-to-host Mandates
You can process your mandate via your host-to-host straight-through process model.
The Benefits
Electronic Mandate Management
- Consolidation of processing formats into a consolidated Hyphen format, Hyphen does the dirty work for you by processing with all major banks
- Upfront validation
- Segregation of duties on the web portal
- Duplicate checks before submission to banks
- Data is encrypted in transit and at rest
- Warehouse for all of your mandates