THE MANY WAYS OF MONEY

With the growing number of different payment options, the treasury requirements are also becoming more complex. As we all know, the customer is king, and this applies equally to the selection of payment options. In B2C business in particular, (online) bank transfers, credit cards or mobile payments must be available, secure and efficiently integrated. But the range of payment methods is also becoming increasingly diverse in the B2B sector. In addition, it must be remembered that new payment options are constantly establishing themselves on the market.

It is therefore not enough to answer the relevant questions once. Rather, they must be evaluated on a regular basis. In addition to the fundamental decision as to which payment methods are suitable and necessary for a business model, the issues here include hardware equipment, payment service providers to be selected, the integration of new payment options into the existing infrastructure, and the question of the appropriate level of fees to be charged.

We are happy to support you in the formulation of your individual requirements, the selection process of payment service providers or in the actual implementation.

THIS IS HOW YOU KEEP TRACK OF YOUR LIQUIDITY

The SLG disposition tool helps companies to establish transparency and automation in cash management. This collects and centralizes all relevant data and prepares the information in the form of individual work reports and management reports.

The SLG scheduling tool impresses with its ease of use and is ready for use in just a few days. Without large training effort and with low resource input. But with the certainty that you have an overview of your liquidity situation at all times.

Is your company ready for change?

We are still at the beginning of a major transformation of the central nervous system of the financial world. The migration to ISO20022 is not just a step, but a big leap towards an improved, internationally standardized payment infrastructure.

The changeover to the new message standard has been underway since March 2023, but very few companies have yet dealt with the necessary adaptation steps and the deadline in November 2025 is approaching. The changeover is complex: account statements and payment formats must be converted to extended XML formats to ensure smooth global transactions. For companies that are still working with old formats, this means a need to adapt - a potential risk without the right strategy.

Schwabe, Ley & Greiner is ready to guide you through this process. We analyze your systems, define the need for action and provide pragmatic support for adjustments in order to prepare you for the new standard with the least possible effort. Take advantage of our expertise to make a seamless transition to the ISO 20022 landscape and realize the associated benefits.

Remember: the changeover to ISO20022 is not just a technical necessity - it is an investment in the efficiency, security and future of your payment processes.