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Testimonial We see Wipro as an important Long Term Strategic Partner with whom we can build a relationship to the benefit of both parties.
Andy Jackson
Director of IT - Friends Provident

HomebulletBanking & Financial ServicesbulletPayments

Payments Like other operations in the banking industry, several drivers have catalyzed change in the payments industry. Globalization has led to increased financial transactions across economies placing more emphasis on seamless cash management and electronic payments. In addition, customers are demanding faster, accurate and efficient settlement establishing the need for a payments back-office automation, to enhance the customer experience.

Wipro provides cash management services to execute payments, collect receivables and manage liquidity efficiently.

We are committed to contributing industry relevant solutions and have a strong domain team to support this initiative. Our portfolio of services in the payment space include:

  • Core system re-engineering
  • Business process and technology portfolio re-engineering
  • CRM integration
  • Consulting
  • Customized application
Wipro understands the risk involved in this industry and the regulatory norms spanning various countries and currencies. This has helped us deliver best-in-class payments services to top global banks with a direct impact on their profits. Wipro's expertise in re-engineering retail payment applications, automation of manual payment processing, rewriting payment application for new clearing format and providing bill presentation ability positions us as an ideal partner for payment solutions companies.

Some of the benefits gained by banks through our solutions include increased returns, stemming of customer attrition and better controls to ensure compliance.

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NewsWipro named by Bank Technology News as one of the Top Tech Companies to Watch
September 17, 2007
Source: Bangalore, India

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