Product Overview

Industry-wide changes due to Open Banking, ISO 20022, instant payments, and increasing adoption of digital overlay services such as bill pay, A2A transfers at the point of sale, QR code payments are also transforming the payments industry. Legacy payment systems not built to support these changes are challenging to upgrade and maintain. Additionally, any improvements are typically costly without much impact on customer satisfaction.
Pelican AI's cloud-native, real-time, AI-powered, and API-driven intelligent Payment as a Service (iPaaS) platform offers unique opportunities to simplify and modernize ALL payments Cross-border, RTGS, Instant, and ACH. This comprehensive and versatile platform comes fully integrated with Pelican's advanced, AI-powered Financial Crime Compliance capabilities covering real-time Sanctions Screening, AML, and Fraud Detection.
iPaaS 'plug-and-play' APIs support the complete end-to-end processing for all payment methods covering all clearing and settlement mechanisms. iPaaS modular design and extensible APIs seamlessly supplement legacy payment solutions with new payment services, enabling financial institutions to onboard new payment services on a 'pay-per-use' basis, drastically reducing go-to-market time and cost of ownership.

A complete payments platform – on cloud

Our iPaaS platform offers a complete payments solution through APIs, delivering exceptional levels of efficiency, control, and flexibility, with built-in connectivity to support all payment types – Cross-border, RTGS, Instant, and ACH – across all regions.
The ISO 20022 native APIs support multiple formats out of the box - SEPA, SWIFT – MT, ISO 20022 FED, ISO 20022 CHIPS, local ISO 20022 based RTGS, ISO-based faster payments, and future support for additional payments rails such as Visa, Mastercard, Western Union, Ripple etc.
iPaaS APIs cover all payments infrastructures, banks, and transaction types, including:
  • High-Value Payments: TARGET2, ISO 20022 Fedwire, Lynx, HVCS+
  • Instant, Real-Time Payments:  SEPA Instant (EBA RT1, TIPS), FedNow, US TCH-RTP
  • Low-value, ACH Payments: EBA STEP2 for SEPA Credit Transfers and Direct Debits
  • Cross-border Payments: SWIFT MT & CBPR+ for correspondent banking
  • Open Banking and PSD2 APIs
API-DrivenAPI-driven connectivity
Our APIs support seamless integrations with all payment infrastructures, banks, and other external partners, servicing all transaction types. Scalable & technology-agnosticScalable & technology-agnostic
Our modular and scalable cloud-native solution allows for efficient and resilient operations and protects from vagaries of 3rd party S/W upgrade & maintenance by providing automated, non-intrusive upgrades.

Integrated financial crime complianceIntegrated financial crime compliance

The platform offers a fully integrated AI-powered financial crime compliance APIs for Sanctions, AML, and fraud detection.


Use of Artificial Intelligence & Data

A suit of advanced payment processing optimization and analytics APIs offered as part of the iPaaS platform leverage various advanced AI techniques to get the most value out of the payments transaction data through:
  • Data Cleansing and Normalization
  • Data Enrichment and Repair
  • Integrated Omni-channel and Responsive UI
  • Advanced Payments Analytics

Product highlights

  • "Pay-as-you-go" APIs for comprehensive end-to-end payment processing
  • ISO 20022 native processing that also supports legacy payments formats
  • Cloud-native, API-first, and microservices based modular, scalable, and always-on global platform
  • Purpose built for instant (real-time) payments - robust, scalable with high throughput / low latency
  • Integrated AI-powered Financial Crime Compliance suite for Sanctions, AML, and Fraud detection
  • Built-in connectivity to TARGET2 ESMIG Platform
  • Pan-European & US domestic and cross-border payments processing
  • Built-in data and artificial intelligence layers for intelligent products and services offerings
  • Configurable dashboards and reports for internal operations as well as access to the bank's customer (if required)
  • Integrated, omni-channel UI providing configurable dashboards , reports, and analytics for payments operations and product teams

Solution Capabilities

Comprehensive payment processingComprehensive payment processing

Complete processing of Cross-border, Instant (real-time), Domestic High-Value (RTGS), and Domestic Low-value (ACH) payments.

isoISO 20022 ready

ISO 20022 native APIs for CBPR+ and Instant payment schemes, supporting regional variations for seamless operations.

Integrated complianceIntegrated compliance

AI-powered (optional) financial crime compliance solution for sanctions, transaction monitoring and fraud.

Leveraging AIAI Powered

Uses Machine Learning and Natural Language Processing for intelligent repair, enrichment, and dynamic routing.

Detailed analyticsInsights & Recommendations

AI-powered analytics for actionable insights and recommendations to deliver hyper-personalized products and services.

Cloud and APICloud-native and API-driven

Plug-and-play APIs available on a secure and scalable Payment-as-a-Service (PaaS) platform with cost-effective “pay-as-you-go” pricing

Key Benefits


Develop and launch innovative product and services that expedite time to value within hours/days rather than weeks/months

Integrated financial crime and compliance

A single payment platform to provide full end-to-end payment processing including sanctions screening, AML, and fraud monitoring

Future Ready

Microservices and API-based cloud-native secure and scalable platforms that can accommodate new payment types and handle peak-volumes without disrupting existing processes.

Fully Managed Service 

Allows for efficient and resilient operations and protection from changes due to future regulatory requirements and from vagaries of 3rd party S/W upgrade & maintenance.


Trade upfront capital expense involved in setting-up & launching a new payment service for operating expense through a simplified “pay-as-you-go” pricing

Better visibility

Centralized payments and cash visibility across all channels and accounts under one platform.

Improve customer experiences

A single platform for processing all payment types and exception handling allows for faster responses to the customer.

Find Out More

iPaaS Brochures & Datasheets

Please use the Download button below to access the full library of Pelican Payments information resources for both Banks and Corporates, including datasheets covering Payments Hub, STP and Open Banking.

download document Download

Related Resources & Information

Article: Real-time forensics & cognitive automation—How AI is set to transform banking payment

Learn More >

Solutions: Converting obligation into opportunity: Rapid API and product deployment solutions.

Learn More >

Solutions: Global payments hub—Improving efficiencies. Lowering costs.

Learn More >

Solutions: PelicanFast: Seize the growth opportunities of real-time payments.

Learn More >