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Platform
Seamlessly build products with all the essential ingredients in one place.
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Comprised of microservice embedded finance capabilities that can be used end to end or selectively, the Shaype Platform powers a wide range of use cases with unmatched flexibility and interoperability.
Platform
Combine atomic building blocks to fast-track enriched, fully digital payment solutions
Onboarding & KYC
Accounts & Wallets
Financial Crime
Rules Engine
Payments & Transfers
Card Issuance
Transaction Processing
Core Ledger
Customisable core payments capabilities
The Shaype Platform features a range of core payments capabilities that can be used to complement an existing product, or combined to deliver unique flows and digital payments experiences.
These capabilities are atomic microservices and are hyper-customisable by design, connected to a complete suite of local payment rails and supported by integrated world-class KYC and Financial Crime services that reduce the time, effort and risk of managing payments products at scale.
Onboarding & KYC
Streamline financial customer onboarding supported by a modern digital user experience that leverages document verification, biometrics and global financial crime databases. Reduce friction and maintain the highest standards of compliance while delivering a smooth, branded journey for customers
Accounts & Wallets
Take control of a flexible accounts and wallets solution supported by our Core Ledger that assigns dedicated BSBs or branch codes, generates unique account numbers for customers, supports complex account structures like joint, corporate and virtual accounts, and integrates seamlessly with Apple Pay and Google Pay
Financial Crime
Protect customers with built-in Financial Crime intelligence - real-time transaction screening and fraud monitoring, configurable risk rules and scoring, and automated AML/CTF, PEP and Sanctions checks that support all digital payment products
Rules Engine
Create customisable payment experiences and trigger events and outcomes for customers using any transactional data point. The Shaype Rules Engine gives you unmatched control over products, is interoperable across all platform microservices and can even be exposed to users to power unique real-time journeys
Payments & Transfers
Access a complete suite of local non-scheme payment rails and overlays (Direct Entry, BPAY, NPP including Osko, PayID and PayTo) as well as ShaypePay, our intelligent payment routing system.
Process or embed instant transfers, direct debits, batch and scheduled payments and more with Shaype
Card Issuance
Issue Visa Debit and Prepaid physical, digital and convertible cards to customers with Shaype. Create unique spending experiences with reloadable and single use cards, Apple & Google Pay provisioning and in-app card controls and visualisation, personalise card branding, printing and delivery all via smart APIs
Transaction Processing
Dynamic transaction processing solutions that let you configure, screen, authorise and route card and account-to-account payments in multiple formats, giving you end to end control over every transaction from initiation to delivery
Core Ledger
Shaype's proprietary, cloud-native core transaction ledger - built for embedded finance, delivering real-time balance management, precise transaction posting and seamless reconciliation across any product at any stage of growth
Converting legacy payments into a real-time experience
Migrating and managing legacy payments is hard. Whether it's the removal of cheques or the future turning off of BECS Direct Entry, companies need a solution that allows high and low value bulk payments from these legacy channels with as little effort as possible.
The Shaype Platform’s intelligent routing capability removes the traditional barriers between payment rails allowing existing payment initiation protocols to be used to generate a transaction across any payment rail. The use of existing initiation protocols significantly reduces the time, effort and risk when looking to migrate and upgrade your payment experience.
1
Payment Initiation
Payments can be initiated individually or in bulk using a range of initiation formats.
These formats can mirror existing processes/protocols to ensure seamless integration of the Shaype solution.
2
Intelligent Routing
The intelligent routing capability of the Shaype Platform ingests the payment instructions and identifies the correct payment rail (optimised for speed/cost/CX as required).
Payments can be routed via Shaype’s own payment rails or existing rails already operated by clients.
3
Payment Delivery
Shaype’s intelligent routing ensures that funds are delivered within agreed timelines.
It also allows traditional ABA DE instructions to deliver payments instantly via NPP and other real-time payment channels.
Shaype Platform API
ABA File Upload
Client payment initiation protocol
Shaype Platform
(using Intelligent routing solution)
Existing
client
payment
rails
Shaype
payment
rails
and/or
NPP Payment
$
via OSKO, PayID or PayTo
Direct Entry Payment
$
Customer
Account
ShaypePay
$
Closed loop payment