--- title: Solution Updates to Power Your Payments Processing in 2025 description: Functionality enhancements and feature additions to Electrum’s Enterprise Payments Channel and Clearing House Payments solutions. image: https://blog.electrum.co.za/hubfs/PRN_Blog.png --- [![Electrum](https://blog.electrum.co.za/hs-fs/hubfs/raw_assets/public/Electrum_October2023/images/header-logo.png?width=500&height=150&name=header-logo.png "Electrum")](https://www.electrum.co.za/) ![Back Button](https://blog.electrum.co.za/hubfs/raw_assets/public/Electrum_October2023/images/back.svg) Back ![Close Hamburger](https://blog.electrum.co.za/hubfs/raw_assets/public/Electrum_October2023/images/close.svg) - [Home](https://www.electrum.co.za/) - Schemes - Schemes - Clearing House Payments - [PayShap](https://www.electrum.co.za/schemes/payshap) - [Real-Time Clearing](https://www.electrum.co.za/schemes/real-time-clearing) - [EFT Debit & Credit](https://www.electrum.co.za/schemes/electronic-funds-transfer) - [Account Verification Services](https://www.electrum.co.za/schemes/account-verification-services) - Alternative Payment Methods - [Cash Vouchers](https://www.electrum.co.za/payments/cash-vouchers) - Value-Added Services - [Prepaid Airtime and Data](https://www.electrum.co.za/digital-goods-and-services/prepaid-airtime-and-data) - [Prepaid Electricity](https://www.electrum.co.za/digital-goods-and-services/prepaid-electricity) - [Bill Payments](https://www.electrum.co.za/digital-goods-and-services/bill-payments) - [LOTTO](https://www.electrum.co.za/digital-goods-and-services/lotto) - [Travel and Event Ticketing](https://www.electrum.co.za/digital-goods-and-services/travel-and-event-ticketing) - [Digital Vouchers](https://www.electrum.co.za/digital-goods-and-services/digital-vouchers) - [Cash Vouchers](https://www.electrum.co.za/payments/cash-vouchers) - Solutions - Solutions - - [Clearing House Payments Modernisation](https://www.electrum.co.za/solutions/clearing-house-payments-modernisation-for-existing-banks) - [Turnkey Clearing House Payments](https://www.electrum.co.za/solutions/turnkey-clearing-house-payments-for-new-banks) - [Enterprise Payments Channel](https://www.electrum.co.za/solutions/enterprise-payments-channel) - [PayShap-Ready QR Code Issuing](https://www.electrum.co.za/solutions/payshap-ready-qr-code-issuing) - [PayShap for Retailers](https://www.electrum.co.za/solutions/payshap-for-retailers) - [Cash Voucher Issuing and Distribution for Banks](https://www.electrum.co.za/solutions/cash-voucher-issuing-and-distribution-for-banks) - [Cash Voucher Retail Expansion for Banks](https://www.electrum.co.za/solutions/cash-voucher-retail-expansion-for-banks) - [Retail Cash-In and Cash-Out Expansion](https://www.electrum.co.za/solutions/retail-cash-in-and-cash-out-expansion) - [High Volume POS-Integrated VAS Services](https://www.electrum.co.za/solutions/high-volume-pos-integrated-vas-services) - [Expanded VAS For High-Growth Digital Channels](https://www.electrum.co.za/solutions/expanded-vas-for-high-growth-digital-channels) - [Developers](https://api.electrum.io/) - Resources - Resources - Documentation - [Implementation Guides](https://www.electrum.co.za/documentation/product-guides) - [Solution Updates](https://www.electrum.co.za/solution-updates) - News - [Blog](https://blog.electrum.co.za/?__hstc=17958374.bff00b489d6fac1f58737d8799a2a91d.1721396613638.1724837978417.1724842684665.23&__hssc=17958374.15.1724842684665&__hsfp=3812773586) - [Press Releases](https://www.electrum.co.za/press-releases) - (spacer) - Insights - [Reports, whitepapers & flyers](https://www.electrum.co.za/insights) - Careers - [Jobs & Opportunities](https://www.electrum.co.za/careers) - [Interview Process](https://www.electrum.co.za/careers/interview-process) - [Trust](https://trust.electrumsoftware.com/) - [Home](https://www.electrum.co.za/) - Schemes - Clearing House Payments - [Payshap](https://www.electrum.co.za/schemes/payshap) - [Real-Time Clearing](https://www.electrum.co.za/schemes/real-time-clearing) - [EFT Debit & Credit](https://www.electrum.co.za/schemes/electronic-funds-transfer) - [Account Verification Services](https://www.electrum.co.za/schemes/account-verification-services) - Alternative Payment Methods - [Cash Vouchers](https://www.electrum.co.za/payments/cash-vouchers) - Value-Added Services - [Prepaid Airtime and Data](https://www.electrum.co.za/digital-goods-and-services/prepaid-airtime-and-data) - [Prepaid Electricity](https://www.electrum.co.za/digital-goods-and-services/prepaid-electricity) - [Bill Payments](https://www.electrum.co.za/digital-goods-and-services/bill-payments) - [LOTTO](https://www.electrum.co.za/digital-goods-and-services/lotto) - [Betting](https://www.electrum.co.za/digital-goods-and-services/betting) - [Travel and Event Ticketing](https://www.electrum.co.za/digital-goods-and-services/travel-and-event-ticketing) - [Digital Vouchers](https://www.electrum.co.za/digital-goods-and-services/digital-vouchers) - Solutions - [Clearing House Payments Modernisation](https://www.electrum.co.za/solutions/clearing-house-payments-modernisation-for-existing-banks) - [Turnkey Clearing House Payments](https://www.electrum.co.za/solutions/turnkey-clearing-house-payments-for-new-banks) - [Enterprise Payments Channel](https://www.electrum.co.za/solutions/enterprise-payments-channel) - [PayShap-Ready QR Code Issuing](https://www.electrum.co.za/solutions/payshap-ready-qr-code-issuing) - [PayShap for Retailers](https://www.electrum.co.za/solutions/payshap-for-retailers) - [Cash Voucher Issuing and Distribution for Banks](https://www.electrum.co.za/solutions/cash-voucher-issuing-and-distribution-for-banks) - [Cash Voucher Retail Expansion for Banks](https://www.electrum.co.za/solutions/cash-voucher-retail-expansion-for-banks) - [Retail Cash-In and Cash-Out Expansion](https://www.electrum.co.za/solutions/retail-cash-in-and-cash-out-expansion) - [High Volume POS-Integrated VAS Services](https://www.electrum.co.za/solutions/high-volume-pos-integrated-vas-services) - [Expanded VAS For High-Growth Digital Channels](https://www.electrum.co.za/solutions/expanded-vas-for-high-growth-digital-channels) - [Developers](https://api.electrum.io/) - Resources - Documentation - [Implementation Guides](https://www.electrum.co.za/documentation/product-guides) - [Solution Updates](https://www.electrum.co.za/solution-updates) - News - [Blog](https://blog.electrum.co.za/?__hstc=17958374.bff00b489d6fac1f58737d8799a2a91d.1721396613638.1724837978417.1724842684665.23&__hssc=17958374.47.1724842684665&__hsfp=3812773586) - [Press Releases](https://www.electrum.co.za/press-releases) - Insights - [Reports, whitepapers & flyers](https://www.electrum.co.za/insights) - Careers - [Jobs & Opportunities](https://www.electrum.co.za/careers) - [Interview Process](https://www.electrum.co.za/careers/interview-process) - [Trust](https://trust.electrumsoftware.com/) [![Contact](https://hubspot-no-cache-eu1-prod.s3.amazonaws.com/cta/default/142132879/7f102097-b88c-49fd-b727-90c8e1009d5a.png)](https://hubspot-cta-redirect-eu1-prod.s3.amazonaws.com/cta/redirect/142132879/7f102097-b88c-49fd-b727-90c8e1009d5a) ![Hamburger](https://blog.electrum.co.za/hubfs/raw_assets/public/Electrum_October2023/images/hamburger.svg) [Payments](https://blog.electrum.co.za/tag/payments) [Banks](https://blog.electrum.co.za/tag/banks) [Get to Know](https://blog.electrum.co.za/tag/get-to-know) # Solution Updates to Power Your Payments Processing in 2025 February 6, 2025 ![Joan Mangokoane](https://blog.electrum.co.za/hubfs/Joan%20Mangokoane_Profile.png) Joan Mangokoane ![Post Header](https://blog.electrum.co.za/hubfs/raw_assets/public/Electrum_October2023/images/banner-bg.svg) ![Solution Updates to Power Your Payments Processing in 2025](https://blog.electrum.co.za/hubfs/PRN_Blog.png) **Product Manager Joan Mangokoane shares some of the biggest updates to Electrum’s solutions. Most notably this includes the​​ new collection method for Corporate Clients with Request-to-Pay. Read Joan’s thoughts about this enhancement, industry progress, and more.** Dear Payments Community,  What an extraordinary year 2024 was for the South African payments industry and, in equal measure, for Electrum. We ended the year proudly having positioned our clients with the technology to perform boldly in this chapter of enterprise payments.  We went live with our inbound PayShap offering, laid the groundwork for our PayShap Request APIs, and aligned our strategies to meet the demands of an ever-evolving payments landscape. We’ve had outstanding high-touch engagements such as the Open Payments Conference and customer roadshows to build our understanding of clients and industry needs.  This year, Electrum’s product team is laser-focused on perfecting the fundamentals. Our mission is to ensure that our enterprise payments technology becomes synonymous with efficiency, consistency, and reliability.  > Why? Because we believe that when core payments processing infrastructure operates seamlessly, your bank can dedicate its full capacity to what it does best. ## Evolution of Electrum’s Enterprise Payments Channel With the official launch of the RPP rail, the various use cases that have unfolded presented multiple opportunities. In response to this progress, Electrum’s Enterprise Payments Channel solution underwent more enhancement. The enablement of both inbound and outbound PayShap, the full functionality of Request-to-Pay for the ever-so-important collections use case, and even an RTP ‘refund’ functionality for corporate clients - all via a single integration - came to life.   ## Enterprise Payments Channel [Explore solution update](https://www.electrum.co.za/product-updates/solution-update-enterprise-payments-channel) ![EPC_phone-1](https://blog.electrum.co.za/hubfs/EPC_phone-1.png "EPC_phone-1")   ## New Clearing House Payment Services In making sure your client experience remains consistent across all clearing house services, we’re focused on reducing the processing burden on banks’ customer account systems. Banks can now access inbound and outbound AVS-R processing with BankservAfrica via modern ISO 20022 rails resulting in real-time verification that reduces fraud, minimises payment failures, and enhances transaction integrity. We’ve also expanded CDV processing, enabling banks to access this functionality as a standalone service without requiring BankservAfrica routing.  > This gives banks greater control and efficiency in account validation. This reduces dependency on external processing thus lowering costs and minimising payment failures by ensuring account details are verified upfront. In an improvement to Back Office functionality, Electrum now offers two-way reconciliation for all PayShap and EFT transactions - ensuring further transaction integrity.  Lastly, banks can use Electrum’s Account Mirror to streamline inbound proxy resolution, enabling the solution to perform account validation for inbound requests on behalf of the bank, further minimising operational complexity. ## Clearing House Payments [Latest solution update](https://www.electrum.co.za/product-updates/new-services-and-enhancements-for-future-fit-clearing-house-payments) ![CHP_spacing](https://blog.electrum.co.za/hubfs/CHP_spacing.png "CHP_spacing") As we move through this year, we continue to refine our offerings to support the ambitions of our partners and clients. We are ready to demonstrate how a partnership with Electrum can transform your cloud-native, enterprise payments strategy for the better.  We’re always eager to hear from our partners in payments so please [reach out](mailto:hello@electrum.co.za). Here’s to a year of focus, execution, and exceptional outcomes.    Yours in payments, Joan and the Electrum Team ![Joan Mangokoane](https://blog.electrum.co.za/hubfs/Joan%20Mangokoane_Profile.png) Joan Mangokoane Joan Mangokoane is a Product Manager at Electrum, bringing a different perspective to the role after spending eight years in the banking industry. Holding a BComm and postgrad in Economics and Finance from Stellenbosch University, Joan combines her deep understanding of macroeconomics with a growing passion for payments innovation. When she isn’t contributing to the future of payments or being a scholar, Joan enjoys exploring Stellenbosch’s vineyards, savouring fine wine, and showing off her Salsa moves. [More posts by  Joan Mangokoane](https://blog.electrum.co.za/author/joan-mangokoane) Recent Blog Posts ![How to Balance Speed and Trust when Processing at Scale](https://blog.electrum.co.za/hubfs/EPC_Blog_Cover%20(1).png) ### How to Balance Speed and Trust when Processing at Scale ![New Year, New Services](https://blog.electrum.co.za/hubfs/Blog_Notes_from_payment_product_manager_jan_24.png) ### New Year, New Services ![Mid-Year News from our Product Team](https://blog.electrum.co.za/hubfs/Update_PRN_July_blog_cover.png) ### Mid-Year News from our Product Team # Electrum Newsletter Quarterly insights and news to help you keep up with the latest changes in the payments landscape [![Electrum](https://blog.electrum.co.za/hs-fs/hubfs/Electrum_October2023/Images/footer-logo.png?width=500&height=150&name=footer-logo.png "Electrum")](https://www.electrum.co.za/) ###### Company - [Trust](https://trust.electrumsoftware.com/) - [About us](https://www.electrum.co.za/about-us) - [Press Releases](https://www.electrum.co.za/press-releases) - [Jobs and Opportunities](https://www.electrum.co.za/careers) - [Interview Process](https://www.electrum.co.za/careers/interview-process) ###### Clearing House Payments - [PayShap](https://www.electrum.co.za/schemes/payshap) - [Real-Time Clearing](https://www.electrum.co.za/schemes/real-time-clearing) - [EFT Debit & Credit](https://www.electrum.co.za/schemes/electronic-funds-transfer) - [Account Verification Services](https://www.electrum.co.za/schemes/account-verification-services) ###### Value-Added Services - [Prepaid Airtime and Data](https://www.electrum.co.za/digital-goods-and-services/prepaid-airtime-and-data) - [Prepaid Electricity](https://www.electrum.co.za/digital-goods-and-services/prepaid-electricity) - [Bill Payments](https://www.electrum.co.za/digital-goods-and-services/bill-payments) - [LOTTO](https://www.electrum.co.za/digital-goods-and-services/lotto) - [Travel and Event Ticketing](https://www.electrum.co.za/digital-goods-and-services/travel-and-event-ticketing) - [Digital Vouchers](https://www.electrum.co.za/digital-goods-and-services/digital-vouchers) - [Cash Vouchers](https://www.electrum.co.za/payments/cash-vouchers) ###### Solutions - [Clearing House Payments Modernisation](https://www.electrum.co.za/solutions/clearing-house-payments-modernisation-for-existing-banks) - [Turnkey Clearing House Payments](https://www.electrum.co.za/solutions/turnkey-clearing-house-payments-for-new-banks) - [Enterprise Payments Channel](https://www.electrum.co.za/solutions/enterprise-payments-channel) - [PayShap-Ready QR Code Issuing](https://www.electrum.co.za/solutions/payshap-ready-qr-code-issuing) - [PayShap for Retailers](https://www.electrum.co.za/solutions/payshap-for-retailers) - [Cash Voucher Issuing and Distribution for Banks](https://www.electrum.co.za/solutions/cash-voucher-issuing-and-distribution-for-banks) - [Cash Voucher Retail Expansion for Banks](https://www.electrum.co.za/solutions/cash-voucher-retail-expansion-for-banks) - [Retail Cash-In and Cash-Out Expansion](https://www.electrum.co.za/solutions/retail-cash-in-and-cash-out-expansion) - [High Volume POS-Integrated VAS Services](https://www.electrum.co.za/solutions/high-volume-pos-integrated-vas-services) - [Expanded VAS For High-Growth Digital Channels](https://www.electrum.co.za/solutions/expanded-vas-for-high-growth-digital-channels) ###### Resources - [Implementation Guides](https://www.electrum.co.za/documentation/product-guides) - [Solution Updates](https://www.electrum.co.za/solution-updates) - [Reports, whitepapers & flyers](https://www.electrum.co.za/insights) - [Blog](https://www.electrum.co.za/blog) - [Developer Portal](https://api.electrum.io/) ###### Contact us - [Electrum Payments,Building 3, Podium Level, Riverlands Mall51 Gogosoa StreetObservatoryCape Town 7925, South Africa](https://g.page/ElectrumPayments?share) - [hello@electrum.co.za](mailto:hello@electrum.co.za) - [+27 21 448 6422 (office)](tel:+27214486422) - [+27 21 447 1227 (support)](tel:+27214471227) © 2026 Electrum Payments - [Terms of use](https://www.electrum.co.za/policies/terms-of-use) - [Privacy Policy](https://www.electrum.co.za/policies/privacy-policy) - [Vulnerability Disclosure](https://www.electrum.co.za/policies/vulnerability-disclosure) - [PAIA manual](https://uploads-ssl.webflow.com/60e2dc7cef09ba877f290236/625541de9b2069f312c8ff67_202112-Electrum-PAIA-Manual-290621.pdf) [![linkedin](https://blog.electrum.co.za/hubfs/Electrum_October2023/Images/linkedin.svg "linkedin")](https://www.linkedin.com/company/electrum-payments) [![facebook](https://blog.electrum.co.za/hubfs/Electrum_October2023/Images/facebook.svg "facebook")](https://www.facebook.com/ElectrumPayments/) [![instagram](https://blog.electrum.co.za/hubfs/Electrum_October2023/Images/instagram.svg "instagram")](https://www.instagram.com/electrum_payments/) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Joan Mangokoane", "url" : "https://blog.electrum.co.za/author/joan-mangokoane" }, "dateModified" : "2025-02-06T10:15:16.815Z", "datePublished" : "2025-02-06T10:15:16.000Z", "headline" : "Solution Updates to Power Your Payments Processing in 2025", "image" : [ "https://blog.electrum.co.za/hubfs/PRN_Blog.png" ], "mainEntityOfPage" : { "@id" : "https://blog.electrum.co.za/solution-updates-to-power-your-payments-processing-in-2025", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://blog.electrum.co.za/hubfs/electrum-logo-on-dark-1.svg" }, "name" : "Electrum" } } ```