What a payment factory is, when it makes sense, and what it takes to implement well.
What it is
A payment factory centralises outgoing payments for many entities through one controlled process, often on behalf of those entities.
Why groups adopt it
Central control reduces fraud risk, cuts bank costs and makes approvals consistent.
What to plan for
Legal entity structure, bank agreements, approval roles and local requirements all shape the design.
Getting started
Pilot with a few entities and one or two banks, then extend in waves.
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