Celtrino launch SEPALink product to help SME's meet the February SEPA Migration deadline

DUBLIN - Nov. 28, 2013 - PRLog -- In its latest report, the ECB said migration was progressing well for credit transfers but is late for direct debit. SEPA went live in 2008, when the system that makes all electronic payments in the Eurozone the same as making domestic payments, was launched for credit transfers.

The European Central Bank (ECB) has warned businesses that have left their migration to the Single European Payments Area (SEPA) (http://www.computerweekly.com/news/1280091219/Banks-begin-processing-Sepa-direct-debits) compliance late, they could face problems. These problems will include severe cash flow issues from this lack of readiness for Sepa. The ECB has always insisted that ‘there is no plan b’ to achieving full compliance, so all companies need to assess where they are at and how they can achieve compliance quickly, with the minimum of disturbance to their daily business and with a moderate financial outlay.

With the deadline for the SEPA just weeks away, there are real concerns over who is actually ready to migrate. Many small and medium-sized enterprises are lagging behind and businesses of all sizes are struggling to implement systems for direct debits.

Celtrino provide solutions for businesses to meet these challenges. SEPALink is a secure, easy to use solution to help make your business SEPA ready in time for the February 1st deadline. SEPALink creates SEPA compliant payment files for direct debits and credit transfers either from existing payment files or from scratch.

SEPALink is a secure, easy to use solution to help get your business SEPA ready.  SEPA Link doesn’t require any setup time, updates to Bank Details or expensive software upgrades. It accepts both traditional bank account numbers and sort codes or IBANs and BICs; it doesn’t retain customer’s transactional information and costs just €199.

Further product information, a tutorial video and a free demo are available online at https://sepalink.celtrino.com

Celtrino is a business process and document automation solutions enterprise.  They offer their customers secure document transfer via easy to use applications which adapt to our customer’s needs. Celtrino specialises in inter-enterprise business commerce to improve operational performance.

With a 23 year successful track record connecting business systems for more than 5,000 Irish companies and processing 10 million financial transactions annually, Celtrino is your ideal partner to SEPA enable your business.

Founded in 1989, it is an Irish-owned company with headquarters in Dublin. The firm employs over 30 people and has experienced significant growth in the last five years.