GTBank Automated Payment System (GAPS)

GTBank Automated Payment System (GAPS)

What is GAPs?

GTBank Automated Payment System (GAPS) is simply an internet oriented service which facilitates the secured (https) processing of vendor, supplier or payroll payments in batches or single payments. It promises a secured internet daily (24/7) online operation and unhindered access to one’s account.

Features of GTBank Automated Payment System (GAPS)

  • Integrates seamlessly to alternative payment channels (NEFT, NIBSS, NIPS, Interswitch and AutoPAY)
  • Multi-user solution – supports multiple users for each role
  • Two factor token authentication – approvers are issued hardware token devices which generates a dynamic password to authenticate log-in.
  • Customizable – the system can be customized to meet specific corporate requirements
  • Multi-level transaction authorization – No single user can commence and conclude a transaction except otherwise stated on the account mandate
  • Full audit ability
  • Role based system – each user is given a role with specific functions e.g. Uploader, Reviewer, Approver etc.
  • Two-Phase Login – every user logs in with an access code in addition to a unique username and password
  • Comprehensive reports – ability to generate payment reports, approval reports etc.

GTBank Automated Payment System (GAPS)

What is GAPs?

GTBank Automated Payment System (GAPS) is simply an internet oriented service which facilitates the secured (https) processing of vendor, supplier or payroll payments in batches or single payments. It promises a secured internet daily (24/7) online operation and unhindered access to one’s account.

Features of GTBank Automated Payment System (GAPS)

  • Integrates seamlessly to alternative payment channels (NEFT, NIBSS, NIPS, Interswitch and AutoPAY)
  • Multi-user solution – supports multiple users for each role
  • Two factor token authentication – approvers are issued hardware token devices which generates a dynamic password to authenticate log-in.
  • Customizable – the system can be customized to meet specific corporate requirements
  • Multi-level transaction authorization – No single user can commence and conclude a transaction except otherwise stated on the account mandate
  • Full audit ability
  • Role based system – each user is given a role with specific functions e.g. Uploader, Reviewer, Approver etc.
  • Two-Phase Login – every user logs in with an access code in addition to a unique username and password
  • Comprehensive reports – ability to generate payment reports, approval reports etc.

Importance of GTBank Automated Payment System (GAPS)

  • Ability to initiate and monitor payments from any location in the world (in local and foreign currency)
  • Ease of fulfilling your obligations in a timely fashion
  • Efficient and secure channel for making payments and collections
  • Configuration flexibility to align with your payment process flow
  • Elimination of cheque-books
  • Online real-time access to your account

Financial Importance of GTBank Automated Payment System

  • Own account Transfers
  • Single & Bulk Cheque confirmation
  • Online real time account monitoring
  • Local Payments
  • Payroll Payments e.g salaries, bonuses
  • Single & batch payments to any GTBank account as well as other banks via NIBSS Instant Payment & NEFT
  • Custom duties & Tax Payments
  • Accounts
  • Generate Account Statements
  • Corporate Airtime Top-up – Ability to purchase airtime for single or multiple devices for corporate use.
  • International Payments – Single & batch FX transfers to any account (local & offshore, $, £, €, Rand)

How to Register GTBank Automated Payment system

You can register GAPs by clicking the following links below step by step;

Be the first to comment

Leave a Reply

Your email address will not be published.


*