Bacstel-IP

The award-winning Bacstel-IP data channel was launched in 2003 and has already processed over two billion transactions on behalf of government organisations, businesses and banks. Over 100,000 organisations worldwide use Bacstel-IP to submit Bacs payments and messages to VocaLink for processing, and to interact with the Payment Services website to view and collect electronic reports and management information.
 
Bacstel-IP combines Internet Protocol and Public Key Infrastructure (PKI) to create a multi-layered security platform to ensure the safe transmission of business critical payment and customer information. Learn more about the security capabilities of Bacstel-IP

Key Features:

• PKI-enabled – all users require PKI tokens issued by their sponsoring banks to confirm their identities and establish their access rights
• IP-enabled -  can handle high volumes and is accessible from any location
• Interactive error reporting – identifies and reports errors live during the submission process
• Receipting – provides reports at the end of each submission to confirm successful receipt by VocaLink

Planning to use Bacstel-IP

For more information about using Bacstel-IP take a look at the following page:
http://www.bacs.co.uk

Awards

European Forum for Electronic Business award 2004
Winner: The award for Excellence in Secure Electronic Business.

Computing award 2003
Winner:Computing’s Best e-Business Project of the Year award.

BCS IT award 2003
Winner

FST award 2003
Winner: Best use of B2B e-Commerce

Corporate IT Forum award 2003
Winner: VocaLink won both the innovation category and was awarded overall winner for its internet based payment services, a major part of the recently completed VocaLink IT programme.