Payments

Supporting the entire payments value chain

CGI has been at the forefront of the payments industry since the 1970s, helping to drive many domestic and global initiatives. We have the knowledge and experience to design, build, deliver and operate innovative and cost-effective payment programs and solutions. We also provide a full range of services for all the participants in the new payments world, whether FinTechs, corporates, member banks, central market infrastructure providers or regulators. As industry leaders, we understand and support the complete payments value chain.

CGI has made fundamental contributions to the payments industry—from the design of the SWIFT network for international transfers in 1973, to chip and PIN card rollouts, to the design and implementation of payment infrastructures and processes using distributed ledger technologies and APIs. This experience, combined with our end-to-end technology services and payment capabilities, can help you implement world-class payment services.

Why CGI?

  • We have 40+ years of experience in supporting national payment infrastructures in 20+ countries.
  • We manage the interbank funds transfer system in Canada, which processes an average of $167 billion per day.
  • We process 70% of low value transactions in New Zealand.
  • CGI supported the design and development of a member bank interface for connectivity to the Continuous Linked Settlement (CLS) system.
  • We develop the specifications and best practices for industry implementation of the NACHA ISO 20022 XML Opt-in Program.
  • We run the major interbank payment systems in Canada.
  • CGI supported the design and development of SWIFT, and develops SWIFT interface solutions for clients.
  • We worked with the European Payments Council to refine the SEPA direct deposit and credit transfer schemes and produce a SEPA test framework.
  • Our experts collaborated with the UK’s Payments Council to develop its Current Account Switch Service.
  • We assisted in the functional requirements and technical design of the U.K. Clearing House Automated Payments System (CHAPS).