TrustRadius: an HG Insights company

Oracle Banking Payments

Score8 out of 10

2 Reviews and Ratings

Get a Demo

What is Oracle Banking Payments?

Oracle Banking Payments enables users to process payments in real time, anywhere, and at scale with a unified payments hub, built on the ISO 20022 framework.

Categories & Use Cases

Reviews

What users are saying about Oracle Banking Payments.
View all reviews

Digital banking payments for banking

Incentivized
Muhammad Adil MujeebView profile
Technical Consultant in Information Technology at Khushhali Microfinance Bank Limited (1001-5000 employees employees)

Use Cases and Deployment Scope

After implementing Oracle Banking Payments, we are worry-free for our domestic and international payments. Due to the strong API integration framework, we are able to integrate it with our core banking system easily. As we are moving to digitalization it solves most of our payment-related problems. The mobile banking hybrid app is a key feature that enables us to onboard increasing customers very efficiently.

Pros

  • API framework.
  • Mobile banking.
  • Open banking API.
  • Personal financial management.

Cons

  • Oracle JavaScript toolkit.
  • Mobile banking fixed user interface.
  • hard to integrate if you are not tech-y.

Return on Investment

  • Increasing onboarding of customers.
  • Hybrid mobile application.

Oracle for Banking

Verified User
Supervisor in Customer Service (501-1000 employees employees)

Pros

  • Easy for direct deposit
  • Able to split my deposits to multiple banks.
  • Easy to make changes for my banking needs

Cons

  • Provide instructional video's on how some of your functions can be useful

Return on Investment

  • Never ran into issue as of yet