What is EBICS?
“Electronic Banking Internet Communication Standard” (EBICS) is a standardized protocol for transmitting files over the Internet, and it is freely available. The protocol incorporates a multi-level security concept to ensure the safety of transmitted data, along with mechanisms for tracking all accesses and transfers.
The advantages of using EBICS are:
Download account details for accurate transaction Matching in your business software.
Initiate payments directly through your business software for streamlined operations.
Combine incoming transactions and outgoing payments for enhanced financial efficiency.