UK SOLUTIONS: ON-US PAYMENTS
Revolutionize Your Internal Transactions
Form3's On-Us processing capability enables institutions to process transactions between accounts within the same bank or banking group, without needing external payment schemes or bespoke solutions.
WHY FORM3
Reduce Unnecessary Payment Routing
Processing internal payments through payment schemes or bespoke infrastructure can add unnecessary complexity, cost, and operational overhead.
Form3 identifies and processes qualifying On-Us transactions through a single API, helping institutions simplify operations, reduce costs, and deliver faster payment processing.
Lower Payment Processing Costs
Reduce scheme and regulatory charges by processing eligible internal transactions outside external payment schemes.
Maintain Payment Continuity
Continue processing qualifying On-Us transactions during planned or unplanned scheme outages, reducing dependency on external payment schemes.
Improve Operational Efficiency
Reduce peak payment flows through central infrastructure and optimize capacity across your payment’s estate.
Simplify Internal Payment Processing
Replace bespoke On-Us logic with a single API and centralized visibility across payment flows and transactions.
Deliver a Consistent Payment Experience
Ensure On-Us payments look and feel like their scheme equivalents across supported payment schemes.
HOW IT WORKS
On-Us Payments Service
Customers can process inbound and outbound transactions within the same bank (intra-company) or banking group (inter-company), without the need to process these via the payment scheme or through bespoke internal solutions.
Customers provide qualifying and exception market-specific reference data. This is then used to identify On-Us transactions.
Identified On-Us payment submissions are then routed via Form3’s internal gateway. This has scheme resemblance and transforms the payment into an admission. The payment is then sent back to the customer via Form 3’s API without ever needing to go to scheme.
EXPLORE YOUR REGION
