The service provides financial management tools across all functions of a financial institution via a software-as-a-service (SaaS) platform. In addition to basic transaction processing, including micropayments, and lending, it allows for customer account creation, updating, and reporting. The service can interact with retailers for point-of-sale (POS) processing and other external services such as credit scoring agencies.
API methods support creating and updating customer accounts with balance monitoring, deposit acceptance, and payment processing. Methods also support financial arrangements such as savings accounts and loans, interaction with automated teller machines (ATMs) and POS systems, and accounting processes via general ledger postings. The API includes full support for currency conversions and other locally relevant practices.