3Si Payment Solutions

EFT Matching Engine

Our EFT matching Engine is a new Direct Credit Payment Product that uses a BSB and Virtual Account number to identify customer Payments. It is a powerful and highly flexible payment platform which 3Si can customise for enterprise merchants and providers, as well as offering a standardized, commercial competitive product to small and medium Merchants.

We use a BSB (instead of Biller Code) and Account Number (instead of Customer Reference number) issued and controlled by the merchant (instead of Biller code and reference as used by BPAY). An EFT paying Customer initiates an EFT payment from their Bank Account via “Pay Anyone".

Comparision between BPAY and EFT matching Engine