Banking

Payshop goes live on BHMI’s Concourse for back-office payments

Payshop, a subsidiary of Banco CTT and part of the CTT Group, has gone live on a payment solution from BHMI.

Concourse is processing a range of transactions at Payshop

The firm has deployed BHMI’s Concourse Financial Software Suite to bolster its back-office processing for physical and electronic payments.

BHMI says its system can create a unified, omni-channel environment that offers “a seamless support system for all the payment services it provides”.

Concourse will process SIBS payments and Single European Payments Area (SEPA) transactions for Payshop. It will also cover transactions passing through Payshop and CTT front-end systems.

Portugal-based Payshop enables users to pay for a wide range of services, including utility bills, tolls and mobile top-ups.

“We are excited about the successful implementation of the Concourse Financial Software Suite,” says Tiago Mota, CEO at the firm.

“The flexible, robust back-office solution is ideal for our omni-channel processing needs, supporting Payshop’s users, strategic objectives and continued growth.”

Jack Baldwin, CEO at BHMI, appeared on FinTech Futures’ podcast What the Fintech? earlier this year. He spoke in detail about the systems and services Concourse provides payments firms.


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