How are payment orders processed?
In a rough outline, payment orders are processed as follows:
(1) JustOn Cash Management prepares the SEPA payment orders and encrypts the data packages.
(2) Under the EBICS signature class T (see Bank Access Requirements), JustOn Cash Management then uploads the data to the bank, where the orders are queued.
(3) An authorized user (EBICS signature class E or A/B, see Bank Access Requirements) monitors the queue and releases the orders.
These operations are not controlled using JustOn Cash Management. The authorized representatives must use an appropriate third-party banking software or mobile application.