Canopus EpaySuite

Core banking and payment SW platform and SaaS for Fintechs

About Canopus EpaySuite

Canopus EpaySuite is a cloud-based software platform and Software-as-a-Service (SaaS), which features the most popular functionalities for digital banks, payment institutions and other fintechs. Canopus EpaySuite provides the software solution, built-in integration with different partners and OpenApi to provide access to different financial services. Our customers can choose to use a ready-to-use solution or to implement the fully-customised solution for their businesses.

Key functionalities of EpaySuite include:
• Customers Onboarding solution and AML/KYC
• Multi-currency accounting
• Payments and transfer processing
• Currency exchange and rates
• Tariffs and fees
• SMS gateway and Email service
• Co-branded card issuing
• Payment acquiring
• Money transfers
• Internet/mobile banking
• Mobile OTP/MAC generator (mobile token) to provide two-factor secure authentication

EpaySuite provides in-built integrations with the most important partners:
• Banks (SEPA, Target2)
• SWIFT Alliance Lite 2
• Payments card providers (VISA/MasterCard)
• Acquirers
• SMS-providers
• Remittance networks
• FX platforms
• Live currency rate updates
• Live cryptocurrency rates updates
• KYC, AML service providers

The open architecture of the solution enables connections to additional partners or services, while the OpenApi allows secure transaction data exchange with external service providers.

Canopus EpaySuite meets the strictest security requirements:
• SCA (Strong Customer Authentication): two-factor secure authentication
• Real time fraud detection and prevention
• Secure processing and storage of sensitive payment data
• Compliant with secure transactional data exchange and maintenance standard ISO20022

Key benefits of Canopus EpaySuite

1) Software or Software-as-a-Service (SaaS): you can choose what option suits your business needs better.

2) Conformance with Open Banking and PSD2 directive: our solution includes both the Open API functionality and strong end-user authentication to manage a whole new type of relationship between end-users, banks and other third parties.

3) Built-in Visual editor of business processes workflow: this business logic setup feature enables making changes in business processes (for example, customer onboarding) in just 2 clicks.

4) Modular structure: you can use core platform functionality or add additional functionalities.

5) Easy integration: the flexible infrastructure enables our clients to use in-built integrations or to make integrations with new banks, forex companies or other partners.

6) Analytics and reporting: different kinds of reports – financial, business and technical reports, statements for accounts, analytic tools on request.

Devices

Business size

S M L

Markets

United States, Canada, United Kingdom, Australia, Japan and 3 others, Germany, Brazil, Mexico

Supported Languages

Czech, English, German, Polish, Russian

Images

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Canopus EpaySuite screenshot: Canopus EpaySuite screenshot: Canopus EpaySuite screenshot: Canopus EpaySuite screenshot: Canopus EpaySuite screenshot:

Features

Total features of Canopus EpaySuite: 20

  • API
  • Account Reconciliation
  • Alerts / Escalation
  • Cash Flow Management
  • Compliance Management
  • Credit Card Processing
  • Currency Conversion
  • Customizable Reporting
  • Electronic Payments
  • Financial Management
  • Instant Messaging
  • Lifecycle Management
  • Multi-Currency
  • Multi-Location
  • Reporting & Statistics
  • Role-Based Permissions
  • Rules-Based Workflow
  • SSL Security
  • Third Party Integration
  • Transaction Monitoring

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Reviews

Overall rating

4,8 /5
(6)
Value for Money
4,4/5
Features
4,6/5
Ease of Use
4,2/5
Customer Support
4,3/5

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Showing 5 reviews of 6
Dmitrijus A.
Overall rating
  • Industry: Financial Services
  • Company size: 11-50 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Best core payments software for PSPs, EMIs, acquirers, small and specialised banks

Reviewed on 2019/01/24

We sincerely appreciate Canopus' professionalism when it comes to integrations with our partner...

We sincerely appreciate Canopus' professionalism when it comes to integrations with our partner banks, acquirers, and gateways, those integrations were carried on time and effortlessly, no matter how complex or complicated the APIs are. We wish you all the best in developing Canopus EpaySuite further, as it is a perfect affordable yet comprehensive solution for payments, electronic money institutions and specialized banks.

Pros

We at PayAlly are very excited that all our business lines, such as payments, acquiring and card issuing could be easily incorporated into one solution. Comprehensive reporting tools and internal accounting module save us a lot of time and efforts in preparing our financial statements. Regulatory reports and fetching key data for management reporting can be produced within seconds. We have to complement on ease of use of Canopus EpaySuite, all our team members love it! It takes very little time to train an employee, as all modules are easy to read and understand, and are intuitive by nature.

Cons

Absence of web based operator interface is the only downside.

Nikolay R.
Overall rating
  • Industry: Banking
  • Company size: 11-50 Employees
  • Used Daily for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Solution for financial business

Reviewed on 2019/04/08

As the current project is the third one in last 17 years built on EpaySuite we haven't spent time...

As the current project is the third one in last 17 years built on EpaySuite we haven't spent time on observing the functionality.
We have invested in to switch of the MSSQL to PostgreSQL, 1 years of 2 full time developers.
We manage:
- multibranch (7 companies within the group with several branches for some of them) in 3 different jurisdictions (bookkeeping rules), including in-house accounting,
- multicurrency including commodities,
- compliance procedures for the group and clientele,
- financial transactions including communication with the 3rd party providers,
- some functions helping to create comprehensive CRM based on 3rd party solution,
- reporting.

Pros

Multibranch, multicurrency books and revaluation, clear logic, value for money and efficiency, flexible roles distribution.

Cons

It needs certain tuning for the business needs, it can be done by ITs only. Old styled interface.
Solution is based on MSSQL which could be relatively expensive.

Farida A.
Overall rating
  • Industry: Defense & Space
  • Company size: 10 000+ Employees
  • Used Daily for Free Trial
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 5.0 /10

Reviewed on 2017/07/06

Olga Y.
Overall rating
  • Industry: Financial Services
  • Company size: 51-200 Employees
  • Used Other for 2+ years
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 10.0 /10

Reliable partner

Reviewed on 2019/01/23

Canopus IT has become our reliable partner ensuring mutually beneficial cooperation. We...

Canopus IT has become our reliable partner ensuring mutually beneficial cooperation. We particularly appreciated the efforts of your consulting experts who are creative in solving their tasks and thoroughly tackle all the issues at stake.
We are planning to continue cooperation with your company in developing our projects of payment technologies and integration of information and financial systems.

Pros

We thank Canopus IT for our successful cooperation and provision of financial hi-tech software solutions. During our cooperation (since 2016) in application of Canopus software products for provision of new payment services to our clients we noted competence of Canopus IT employees in IT area, quick response and understanding of our needs as a client, desire of Canopus employees to do their work in time and with high quality.

Cons

I don't see any issues at this time as any our question is resolved by support team.

Sergey K.
Overall rating
  • Industry: Banking
  • Company size: 51-200 Employees
  • Used Weekly for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 7.0 /10

:-)

Reviewed on 2019/01/25

Pros

I used this system as customer few years. Respect.

Cons

Simple and clear reactions of system. may be depends of setting of Business managers.

Showing 5 reviews of 6 Read all reviews

Canopus EpaySuite FAQs

Below are some frequently asked questions for Canopus EpaySuite.

Canopus EpaySuite offers the following pricing plans:

  • Pricing model: One Time License, Subscription
  • Free Trial: Not Available

Please contact Canopus Innovative Technologies for pricing details

Canopus EpaySuite offers the following features:

  • Built-in alert system
  • Cash flow reports
  • Compliance checks & management
  • Credit card payment processing
  • Currency conversion
  • Customizable reporting
  • Electronic / online payments
  • Financial reporting
  • Internal chat system
  • Mobile Banking
  • Multi security & encryption for critical data
  • Multi-currency accounting
  • Multi-location payment management
  • Online Banking
  • Payment reconciliation
  • Product definition & lifecycle management
  • Role-based access
  • SMS Banking
  • Third party integration
  • Transaction monitoring
  • Transaction processing rules based workflow

Canopus EpaySuite has the following typical customers:

Small Business, Large Enterprises, Mid Size Business

Canopus EpaySuite supports the following languages:

Czech, English, German, Polish, Russian

We do not have any information about what devices Canopus EpaySuite supports

We do not have any information about what integrations Canopus EpaySuite has

Canopus EpaySuite offers the following support options:

Phone Support, Online Support

Related categories

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