Modular, API First, In Memory, Event-Driven Payment Hub Platform

Multi-country, multi-tenant, multi-instrument payment hub platform that consolidates domestic and cross-border instruments, catering from their point of acquisition, with inbuilt orchestration to final execution across the entire payment lifecycle.
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The banking sector continuously aims to

Banks today must continuously innovate-offering unique payment experiences in a guaranteed fashion across different interaction touchpoints, ensuring all customer segments and interaction hotspots are addressed.

Tap Into New Revenue

Offer payments as a Service & Guaranteed Payments to Corporates and Merchants

Increase existing volumes

Offer more intuitive customer experiences through Portals, Apps and Automation

Address regulatory changes

Need to accurately address frequent changes with ease

Personalized Experiences

Need more customized experiences to best competition in todays world

Increase Operational Efficiency

Operational Overheads seep into Operating Margins

Veracious Payment Hub

Introducing GSS’ Veracious Payment Hub — the most comprehensive, simple-to-configure, low-code-enabled all in one payments platform designed to empower banks to consolidate both domestic and cross-border payment rails. It offers a choice from a list of preconfigured networks, with the ability to configure and enable compliance with additional central bank-driven or privately regulated payment rails.

With our business-first parameter configuration approach, we deliver modern, robust, reliable, feature-rich and secure payment solutions in a matter of weeks per instrument.

Powering Digital Transformation in Banking & Payments

The Three Core Pillars of Our Payment Platform

Banks strive to enhance customer experiences to drive transaction acquisition. Our Veracious Payments Hub provides a robust acquisition layer, enabling seamless integration with mobile banking, internet banking, direct ERP connections for corporates, and custom corporate portals. It also supports workflow automation and direct system integrations—embracing an API-first approach for maximum flexibility and efficiency.

Omnichannel Integration

Connects with mobile banking, internet banking, and corporate ERP systems.

Custom Corporate Portals

Tailored experiences to meet corporate banking needs.

Workflow Automation

Streamlines approval and transaction processes.

Integrate with Fintechs

Offer Payments as a Service empowering fintechs to go after specific customer niche

API-First Approach

Ensures scalability, flexibility, and future-proof banking solutions.

As digital payments evolve, payment orchestration is becoming increasingly essential. The rise of new transaction methods and the explosive growth of e-commerce have led to a surge in transaction volumes for banks and corporates of all sizes.

At the same time, downstream payment rails are expanding, with countries adopting multiple payment networks, including real-time payments, mobile money, one-to-one remittance networks, and traditional methods like cheques, EFTs, mandates, RTGS, and SWIFT.

With growing volume and complexity, banks require intelligent routing, workflow automation, and advanced processing capabilities such as automatic transaction reversal, regeneration, message augmentation, and truncation to manage today’s payment flows efficiently. Our Veracious Transaction Orchestration Layer delivers these capabilities through an easily configurable, parameter-driven approach.

Seamless core banking integration and straight-through processing (STP) are now essential in modern banking. Additionally, real-time dashboards provide transaction status updates, detailed journey tracking, and deep insights—ensuring complete visibility and control.

Universal Routing Engine​

Route transactions based on Channel, Customer, Network and Bank specific parameters

Universal Exception Handling

Ability to handle Automatic Retry, Manual Exceptions and alternative routes

Automatic Transaction Handling

Manage reversals, regenerations, and retries efficiently.

Charge and Fee Management

Offer detailed Charge and Fee Management features across customer, network and instrument specific parameters

GL & Settlement Account Management

Configure Account master setup and settlement account details for each payment process

The Veracious Payments Hub stands out with its advanced downstream payment execution systems, ensuring compliance with central bank and international payment network standards while offering seamless integration and automation.

Regulatory Compliance

Adheres to Central Bank and global payment standards.

Customizable Workflows

Define and automate operational processes.

Standardized Group-Level Processing

Ensure consistency across banking operations.

Message Configurator & Generator

Ensure adaptation to constant regulatroy changes using Message Configurator and Generator in payment flows.

Automated Payment Initiation

Leverages the Acquisition and Orchestration layers for smooth execution.

Universal Payment Hub Platform for all Payment Rails

A unified, low-code enabled, all in one payments platform that handles the payment lifecycle, real-time processing within the hub, and domain-rich, pre-built configurations.

Real-Time Dashboards

Track transactions, drill down on statuses, and gain operational insights.

Schema Validation Engine

All Messages and schemas used across different payment networks are validated prior to sending or parsing on inward flows.

Open Telemetry enabled tracking

Platform offers comprehensive open telemetry standard audit logs, audit trails and traces.

Comprehensive Archival Engine

Out of the box Archival engine available with dedicated screens and functional flows.

Business Process Management

Comprehensive Rule engine that allows to define bank defined instrument specific payment flows .

Dynamic Screen Generator

Add more screens and processes with ease.

Universal Notification Engine

Integrate SMS, Email, Slack , Teams or custom notification updates to various channels and Systems.

Investigation & Reconciliation

Platform offers ability to track and reconcile transactions across transaction journey.

Platform Features

The composable architecture of the Veracious Payment Hub provides a competitive edge, allowing each modular application to be highly extensible through simple configuration. Each module follows an In Memory Event Driven Microservices Architecture coupled with Business parameter configuration enabling your organization to adapt and scale your payment solutions with ease.

API First

VPH by default offers API's to expose functionality and can enable integration touch points to consume API's at any point in the payment flow.

Cloud-Agnostic Deployment

Compatible with any cloud environment for maximum flexibility.
Kubernetes

Kubernetes Orchestration

Ensures scalability, resilience, and efficient container management.

Composable & Modular Architecture

Loosely coupled applications enable seamless orchestration.

Most Advanced Real Time Architecture

In Memory Event Driven Microservices Architecture.

Organizational, Technical & Functional Mapping

Tailors solutions to specific business needs.

Instant Payment Platform

Cheque Truncation System

Mandate Management System 

Standing Order Management

Real Time Gross Settlement 

Electronic Fund Transfer Debit 

Electronic Fund Transfer Credit

Cross Border Payment Platform

MT-MX Converter 

Salary Engine

Document Management System