Bottomline PTX

What Bottomline PTX is

Bottomline PTX is a cloud payment platform for organizations that handle payments through multiple channels. It supports Bacs, Faster Payments, Direct Debit, cheques, card payments and Open Banking through Pay Direct. Payment files can be submitted as CSV or in the original sponsoring-bank format for Bacs. PTX also accepts multiple customer and bu… formats. Direct API connectivity links the platform with banks, while payment validation and approval workflows support checking and authorizing payments. The product is available on the web and is deployed in the cloud. Bottomline, the company behind PTX, was founded in 1989 and is headquartered in Portsmouth, New Hampshire, United States. PTX is a paid product, with pricing available on request. Organizations considering it can assess its payment channels, file handling, bank connectivity and approval capabilities against their payment processes, then request pricing from Bottomline.

Who it suits

PTX suits organizations that need to handle several payment channels, including Bacs, Faster Payments, Direct Debit, cheques, cards or Open Banking. It may fit teams that also need payment validation, approval workflows and direct API bank connectivity.

Getting started

1. Visit the Bottomline PTX website.
2. Contact Bottomline to request pricing.
3. Use the web platform, deployed in the cloud.

Verdict

Organizations managing payments across multiple channels may choose PTX for its range of payment methods, file support, bank connectivity and approval workflows. Buyers who need a stated price before contacting a vendor should look elsewhere, since pricing is available on request.