Your perfect solution for G3 Payments

The G3 innovation will modernise the payments landscape and infrastructure for Singapore. Whilst G3 initially focuses on innovative real-time payment services, it has a much broader long term scope. G3 is a next generation payment service at all levels – from its reliance on the new generation of payment standards, its use of open and agile technical platforms, security standards, through to the service levels and overall user experience. As with any other generational leap in the payment services, G3 presents a challenge to participating banks and their payment processing infrastructures. Banks who lead the market are looking beyond the tactical drivers of any particular scheme or product, and are taking a holistic approach to solve the generational leap challenge for all payments. LAPS is a Logica offering targeted at such marketleading banks.

LAPS works seamlessly with the G3 Common Payment Gateway in order to deliver an efficient and reliable G3 solution. The provision of clearing connectivity using an external gateway is a standard LAPS asset, so no functionality of the G3 Common Payment Gateway is needlessly duplicated in LAPS.

LAPS supports all G3 messages (most of them are ISO 20022 standard anyway) and provides the complete set of functionality needed to process G3 inward and outward payments. It should be noted that G3 introduces a small number of simple, purpose-designed, XML messages which are not covered by the ISO 20022 standard. These messages are used to facilitate and automate some of the G3 administrative and exception flows, like logging-off the bank for scheduled maintenance, or the automated download of prepared bank statements. Such non-ISO 20022 messages are also supported. In summary, LAPS works in concert with the G3 Common Payment Gateway, in order to support all G3 message flows and scenarios, providing a complete G3 processing solution.