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What is Songhai Exchange?

Songhai Exchange (SHE) serves as a sophisticated cross-border payment platform that simplifies a range of payment options—such as bank transfers, cash pickups, mobile money, and bill payments—across various regions within Africa via a single interface. By facilitating the movement of funds from all over the globe into Africa and enabling transactions between African countries, SHE significantly boosts financial connectivity across the continent. The network is composed of banks, payment service providers, money service businesses, and a variety of partners spanning Africa, Europe, the Middle East, and the United States. As the leading and most cost-effective payment switch aimed at the African market, SHE reduces the costs linked to remittances by removing the necessity for payment aggregators, thus allowing organizations to connect directly with banks. Moreover, SHE offers payment service providers within its ecosystem crucial access to international money transfer operators and financial institutions, which enhances their operational efficiency. This platform represents a collaborative effort between FinCode and CSL Capital Limited, marking an important advancement in payment solutions for the region. With this innovative framework, SHE aspires to stimulate economic development by improving the efficiency and trustworthiness of financial transactions throughout Africa, ultimately contributing to a more interconnected financial landscape.

What is FIS Payment Hub?

The award-winning payment hub is revolutionizing the payments and banking reporting sector. The FIS Payment Hub Enterprise Edition streamlines operations, improves cash flow visibility for better liquidity management, and significantly reduces both operational costs and transaction fees. Our tailored workflows and controls for corporate payments are designed to dramatically decrease the chances of payment fraud and mistakes. This solution effectively handles all types of domestic and international payments, as well as direct debits—whether created within the hub or imported from third-party systems—providing extensive functionality. By enhancing cash visibility, minimizing errors, lowering fraud risks, and reducing expenses, you can leverage the latest technologies. Centralizing payment and risk management enables you to gain better insights into liquidity, allowing for more strategic decision-making. The role of automation is crucial in decreasing transactional costs and alleviating the operational load associated with managing various bank connections. Moreover, bringing together corporate payments throughout the organization establishes robust internal controls that significantly lower the risk of fraud and mistakes, thus promoting a safer financial landscape. This comprehensive strategy not only boosts efficiency but also equips your business for sustained growth and adaptability in an ever-changing market environment. Ultimately, this allows enterprises to stay ahead of the competition and respond quickly to new opportunities.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Fincode Limited

Company Location

United States

Company Website

songhaiexchange.com

Company Facts

Organization Name

FIS

Date Founded

1968

Company Location

United States

Company Website

www.fisglobal.com/products/fis-payment-hub-enterprise-edition

Categories and Features

Categories and Features

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