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What Is Macrobank?

Macrobank by Advapay is a front-to-back banking software solution encompassing an engine, API, web and mobile interfaces, and back-end infrastructure equipped with all essential banking and payment functionalities. Endorsed by numerous regulators, it boasts flexibility and customization options, operates on an API-based architecture, and can be deployed either on the cloud or on-premises. It is available in both Software as a Service (SaaS) and perpetual licensing models, with the added option of purchasing source codes.

Key Features:

• Customers Onboarding & AML/KYC
• IBANs Generation and Multi-currency Accounts
• Payment Processing
• Currency Exchange
• Tariff and Fee Management
• Co-branded Card Issuance
• Accounting and Reporting Tools
• Web and Mobile Banking Applications
• Two-factor Authentication App

It facilitates seamless integration with banks, payment service providers, BaaS platforms, AML/KYC services, card issuers, FX platforms, and other providers.

Who Uses Macrobank?

Best for digital banks, fintechs, licensed e-money and payment Institutions, MSB and remittance companies and e-wallets which are planning to provide digital banking services or money remittance.

Where can Macrobank be deployed?

Cloud-based
On-premise

About the vendor

  • Advapay
  • Located in Tallinn, Estonia
  • Founded in 2015

Macrobank support

  • Phone Support
  • 24/7 (Live rep)
  • Chat

Countries available

Australia, Austria, Azerbaijan, Belgium, Bosnia & Herzegovina and 46 others

Languages

Arabic, English, Russian, Spanish

Macrobank pricing

Starting Price:

Not provided by vendor
  • No free trial
  • No free version

Macrobank does not have a free version and does not offer a free trial.

About the vendor

  • Advapay
  • Located in Tallinn, Estonia
  • Founded in 2015

Macrobank support

  • Phone Support
  • 24/7 (Live rep)
  • Chat

Countries available

Australia, Austria, Azerbaijan, Belgium, Bosnia & Herzegovina and 46 others

Languages

Arabic, English, Russian, Spanish

Macrobank videos and images

Macrobank Software - White label Web banking application
Macrobank Software - Macrobank Core Banking Back-office Operator Application
Macrobank Software - White label Mobile banking application
View 4 more
Macrobank video
Macrobank Software - White label Web banking application
Macrobank Software - Macrobank Core Banking Back-office Operator Application
Macrobank Software - White label Mobile banking application

Features of Macrobank

  • ACH Payment Processing
  • Alerts/Escalation
  • Authentication
  • Bill Payment
  • Cash Management
  • Chat/Messaging
  • Compliance Management
  • Compliance Tracking
  • Customer Accounts
  • Debit/Credit Card Processing
  • Digital Wallet
  • Document Management
  • Electronic Funds Transfer
  • Electronic Payments
  • Electronic Statements
  • Financial Management
  • Fraud Detection
  • In-Person Payments
  • Mobile Access
  • Mobile Payments
  • Multi-Branch
  • Multiple Payment Options
  • Online Banking
  • P2P Payments
  • Payment Fraud Prevention
  • Payment Gateway Integration
  • Recurring/Subscription Billing
  • Reporting/Analytics
  • Retail Banking
  • SSL Security
  • Single Sign On
  • Transaction Monitoring

Macrobank Alternatives

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Complete servicing and account management solution for administering a range of savings, mortgage, and equity release products.
Tipalti remits supplier payments on your behalf in 6 different payment methods and in 120+ currencies to over 196 countries. Learn more about Tipalti
finova Savings is a digital-first savings solution providing an end-to-end platform for financial institutions.
TurnKey Lender is a powerful lending automation platform for large-scale lending businesses.
Omnibanca is a digital banking platform that provides digital channels, sales and exceptional UX is an omnichannel and a central client
Airwallex's platform is built for growing businesses that want to streamline their global payments and financial operations.

Reviews of Macrobank

Average score

Overall
4.8
Ease of Use
4.2
Customer Service
4.3
Features
4.6
Value for Money
4.4

Reviews by company size (employees)

  • <50
  • 51-200
  • 201-1,000
  • >1,001

Find reviews by score

5
83%
4
17%
Dmitrijus
Dmitrijus
Co-Founder in Lithuania
Verified LinkedIn User
Financial Services, 11–50 Employees
Used the Software for: 2+ years
Reviewer Source

Best core payments software for PSPs, EMIs, acquirers, small and specialised banks

5.0 6 years ago

Comments: We sincerely appreciate Canopus' professionalism when it comes to integrations with our partner banks, acquirers, and gateways, those integrations were carried on time and effortlessly, no matter how complex or complicated the APIs are. We wish you all the best in developing Canopus EpaySuite further, as it is a perfect affordable yet comprehensive solution for payments, electronic money institutions and specialized banks.

Pros:

We at PayAlly are very excited that all our business lines, such as payments, acquiring and card issuing could be easily incorporated into one solution. Comprehensive reporting tools and internal accounting module save us a lot of time and efforts in preparing our financial statements. Regulatory reports and fetching key data for management reporting can be produced within seconds. We have to complement on ease of use of Canopus EpaySuite, all our team members love it! It takes very little time to train an employee, as all modules are easy to read and understand, and are intuitive by nature.

Cons:

Absence of web based operator interface is the only downside.

Nikolay
CEO in Czechia
Verified LinkedIn User
Banking, 11–50 Employees
Used the Software for: 2+ years
Reviewer Source

Solution for financial business

5.0 6 years ago

Comments: As the current project is the third one in last 17 years built on EpaySuite we haven't spent time on observing the functionality.
We have invested in to switch of the MSSQL to PostgreSQL, 1 years of 2 full time developers.
We manage:
- multibranch (7 companies within the group with several branches for some of them) in 3 different jurisdictions (bookkeeping rules), including in-house accounting,
- multicurrency including commodities,
- compliance procedures for the group and clientele,
- financial transactions including communication with the 3rd party providers,
- some functions helping to create comprehensive CRM based on 3rd party solution,
- reporting.

Pros:

Multibranch, multicurrency books and revaluation, clear logic, value for money and efficiency, flexible roles distribution.

Cons:

It needs certain tuning for the business needs, it can be done by ITs only. Old styled interface. Solution is based on MSSQL which could be relatively expensive.

Sergey
Executive Director / International projects in Russia
Banking, 51–200 Employees
Used the Software for: 1+ year
Reviewer Source

:-)

4.0 6 years ago

Pros:

I used this system as customer few years. Respect.

Cons:

Simple and clear reactions of system. may be depends of setting of Business managers.

Olga
CEO in Russia
Financial Services, 51–200 Employees
Used the Software for: 2+ years
Reviewer Source

Reliable partner

5.0 6 years ago

Comments: Canopus IT has become our reliable partner ensuring mutually beneficial cooperation. We particularly appreciated the efforts of your consulting experts who are creative in solving their tasks and thoroughly tackle all the issues at stake.
We are planning to continue cooperation with your company in developing our projects of payment technologies and integration of information and financial systems.

Pros:

We thank Canopus IT for our successful cooperation and provision of financial hi-tech software solutions. During our cooperation (since 2016) in application of Canopus software products for provision of new payment services to our clients we noted competence of Canopus IT employees in IT area, quick response and understanding of our needs as a client, desire of Canopus employees to do their work in time and with high quality.

Cons:

I don't see any issues at this time as any our question is resolved by support team.

Nikolay
CEO in Cyprus
Used the Software for: Not provided
Reviewer Source

It is completely suitable for the type of payment institution MoneyPolo operates.

5.0 10 years ago

Comments: Being specially designed for payment institutions, ePay Suite offers in its
standard version far more useful features than the competition and provides a
complete support of both back office and multi-channel front end.
Another strong point of ePay Suite is the fact that it is built on core banking
technology ensuring the appropriate robustness, reliability and overall security
while offering such useful banking functionality as integrated customer
information file with KYC, CDD and EDD features, AML / CTF module,
correspondent banking facility as well as in-built workflow engine, general ledger
and a reporting tool.

farida
farida
informatique in Algeria
Verified LinkedIn User
Defense & Space, 10,000+ Employees
Used the Software for: Free Trial
Reviewer Source
Source: GetApp
5.0 7 years ago