---
description: Review of PayNet Banking Platform Software: system overview, features, price and cost information. Get free demos and compare to similar programs.
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title: PayNet Banking Platform | Reviews, Pricing & Demos - SoftwareAdvice AU
---

Breadcrumb: [Home](/) > [Financial Services Software](/directory/4356/financial-services/software) > [PayNet Banking Platform](/software/200932/paynet-cloud)

# PayNet Banking Platform

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> PayNet Cloud is a payment platform that helps set up bank accounts. Admins can choose the relevant API and customize it to suit their target audience. Users can set up payments, deposits, and lending facilities.&#10;&#10;Features include PCI compliance, policy management, and mobile authentication security. Biometrics may be used if the hardware is present, and there are also credential management functions available for handling customer and client accounts.&#10;&#10;PayNet Cloud has options to use single sign-on, social sign-on, and other authentication options to heighten security for signing on to the platform. Tools to manage the design and layout are offered, so users can have the same experience across all channels when using the system. The software organizes user data to identify patterns and data points. The statistics can help users generate new leads, target customers, or identify behavioral patterns of problem users.
> 
> Verdict: Rated **4.5/5** by 13 users. Top-rated for **Likelihood to recommend**.

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## Quick Stats & Ratings

| Metric | Rating | Detail |
| **Overall** | **4.5/5** | 13 Reviews |
| Ease of Use | 4.7/5 | Based on overall reviews |
| Customer Support | 4.7/5 | Based on overall reviews |
| Value for Money | 4.6/5 | Based on overall reviews |
| Features | 4.6/5 | Based on overall reviews |
| Recommendation percentage | 90% | (9/10 Likelihood to recommend) |

## About the vendor

- **Company**: Toucan

## Commercial Context

- **Starting Price**: USD 1.00
- **Pricing model**: Per User (Free version available) (Free Trial)
- **Pricing Details**: Per user pricing with fixed monthly minimum users
- **Target Audience**: 2–10, 11–50, 51–200, 201–500, 501–1,000
- **Deployment & Platforms**: Cloud, SaaS, Web-based, Mac (Desktop), Windows (Desktop), Linux (On-Premise)
- **Supported Languages**: Arabic, English, French
- **Available Countries**: Afghanistan, Algeria, American Samoa, Angola, Armenia, Australia, Azerbaijan, Benin, Botswana, Brunei, Burkina Faso, Burundi, Cambodia, Cameroon, Canada, Cape Verde, Central African Republic, Chad, Comoros, Congo - Brazzaville and 93 more

## Features

- ACH Payment Processing
- API
- Access Controls/Permissions
- Activity Dashboard
- Activity Tracking
- Alerts/Escalation
- Alerts/Notifications
- Authentication
- Bill Payment
- Billing & Invoicing
- Biometrics
- Brokerage Management
- Cash Management
- Chat/Messaging
- Compliance Management
- Credential Management
- Credit Card Management
- Credit Card Processing
- Cryptocurrency Processing
- Customer Accounts

## Support Options

- Email/Help Desk
- FAQs/Forum
- Knowledge Base
- Phone Support
- 24/7 (Live rep)
- Chat

## Category

- [Financial Services Software](https://www.softwareadvice.com.au/directory/4356/financial-services/software)

## Related Categories

- [Financial Services Software](https://www.softwareadvice.com.au/directory/4356/financial-services/software)
- [Online Banking Software](https://www.softwareadvice.com.au/directory/4184/online-banking/software)
- [Mobile Banking Software](https://www.softwareadvice.com.au/directory/4177/mobile-banking/software)
- [Authentication Software](https://www.softwareadvice.com.au/directory/4311/authentication/software)
- [Payment Processing Software](https://www.softwareadvice.com.au/directory/4526/online-payment/software)

## Alternatives

1. [Plaid](https://www.softwareadvice.com.au/software/179020/plaid-for-lending) — 4.4/5 (95 reviews)
2. [Airwallex](https://www.softwareadvice.com.au/software/210307/airwallex) — 3.9/5 (15 reviews)
3. [Google Pay](https://www.softwareadvice.com.au/software/124963/google-pay) — 4.6/5 (908 reviews)
4. [Macrobank](https://www.softwareadvice.com.au/software/212953/macrobank) — 4.8/5 (6 reviews)
5. [Yaspa](https://www.softwareadvice.com.au/software/338729/yaspa) — 4.5/5 (2 reviews)

## Reviews

### "Personalizing the Banking Experience" — 4.0/5

> **Verified Reviewer** | *2 March 2021* | Information Technology & Services | Recommendation rating: 7.0/10
> 
> **Pros**: Banking before digital transformation is like this huge excel file with hundreds of sheets about millions of people, which carries hundreds of potential patterns \&amp; data points of every individual that are not organized and interpreted for business development but duplicated and considered a hassle to manage. But, with an omni channel digital banking solution it not only organizes your data but also identifies patterns and data points to notify and connect you with potential leads/ opportunities. Alongside It gives your team the freedom to innovate \&amp; cultivate strategizes in alignment to your organizations values \&amp; visions.
> 
> **Cons**: It's a long \&amp; tedious process of integration. It requires a lot of time investment and devotion from key people of the organisations, hence finding the hours for already ongoing projects or daily work might be affected.

-----

### "Excellent software and partnership" — 5.0/5

> **Nader** | *25 March 2021* | Financial Services | Recommendation rating: 10.0/10
> 
> **Pros**: Commitment, support, flexibility, cost effective, business modeling
> 
> **Cons**: None to be honest, paynet system gave us more than we expected not only current requirements but also future.
> 
> Great product and company

-----

### "NMB Bank Omni Channel Banking" — 4.0/5

> **Shivaraj** | *26 July 2020* | Banking | Recommendation rating: 10.0/10
> 
> **Pros**: The Product is build as per the Scope and is different than the traditional Mobile and Internet banking, the Clients of the banks will get the same experience in all the channels. As the system is still under implementation we have lot to do and the team behind this are working round the clock to make things as per the scope.  The team has built the system in such a way that bank can implement any client needs easily.
> 
> **Cons**: No Comments on this, as we have long way to go. but till date what has been delivered is up to the mark and hope the team will delivery rest of the scope as expected.
> 
> We are still in the implementation phase, but till date the implementation is as per the requirements of the bank and the scope of work as agreed. we are yet to go public but the feedback from the soft launch is impressive and it has given us more energy to implement this product as a integrated channel for all the banks business offerings.

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### "Best In Class" — 5.0/5

> **ALi** | *27 February 2023* | Financial Services | Recommendation rating: 10.0/10
> 
> **Pros**: Best team of professionals I ever cooperated with. They you know every single details in both business and technical aspects .
> 
> **Cons**: Nothing to mention. you just need have a detailed scope of work and make sure that you have the best PM on the implementation.

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### "Experienced and responsive" — 5.0/5

> **Archil** | *27 February 2021* | Financial Services | Recommendation rating: 8.0/10
> 
> **Pros**: I should stress the architecture, rich functionality and reliability of the system as well as highly professional and responsive team
> 
> **Cons**: We look forward to next iteration of currency exchange functionality

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## Links

- [View on SoftwareAdvice](https://www.softwareadvice.com.au/software/200932/paynet-cloud)

## This page is available in the following languages

| Locale | URL |
| en | <https://www.softwareadvice.com/mobile-banking/paynet-cloud-profile/> |
| en-AU | <https://www.softwareadvice.com.au/software/200932/paynet-cloud> |
| en-GB | <https://www.softwareadvice.co.uk/software/200932/paynet-cloud> |
| en-IE | <https://www.softwareadvice.ie/software/200932/paynet-cloud> |
| en-NZ | <https://www.softwareadvice.co.nz/software/200932/paynet-cloud> |

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