Motorola Goes Live With JPMorgan Payments Solution
Motorola has gone live with JPMorgan for international third party payments processing. Delivered in eight months, the tailored solution leverages JPMorgan’s PaySource technology to manage the global processing of all Motorola global payment activity originating outside the US. According to JPMorgan, the consolidation of this activity through PaySource, an automated disbursement solution, delivers cost savings and provides increased efficiency and transparency for Motorola. The payment processing solution from JPMorgan includes standardized messaging, consolidated treasury reporting and automated payables funding. By using a single banking provider, Motorola will be able to centralize its international payment activity through its Global Shared Service Centre located in Tianjin, China.