Payments

Payment Tracking

Cobase provides centralized payment tracking across all your bank connections, giving you clear insight into where each payment stands — from initiation to delivery. Return messages (such as pain.002, MT199, and others) are processed in real-time, allowing you to monitor confirmations, rejections, and processing delays without logging into separate bank portals.

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Know where

every payment stands

Cobase eliminates blind spots in your payment process by consolidating feedback from all banks and turning it into a clear, actionable view. From accepted to rejected — and everything in between — you stay informed and in control.

ERP
Real-time payment status

Track every payment’s progress across multiple banks and channels. View whether a payment is accepted, rejected, pending, or completed — all in one dashboard.

InHouseBanking
Automated status updates

Cobase processes and displays bank return files like pain.002, MT199, or equivalent proprietary messages, giving you automated visibility into payment outcomes.

SmartWorkFlow
Error handling and re-submission

Rejected or failed payments are flagged with clear error messages. Users can identify the issue, correct the data, and re-submit — all within the platform.

BankConnections
Integrated workflow view

Statuses are linked to the full payment lifecycle, including approvals, formatting, and execution channel — enabling faster issue resolution and accountability.

Key features

Real-time visibility across all submitted payments
Processes pain.002, MT199, and equivalent return files
Flags rejections and provides detailed bank feedback
Integrated with audit trail and approval workflows
Supports resubmission after failed attempts
Works with SWIFT, Host-to-Host, EBICS and API
Centralized dashboard with smart filtering options
Reduces time spent checking bank portals manually

Frequently asked questions

How do I know if a payment was successful?

Cobase tracks the return messages from the bank (e.g. pain.002 or MT199) and updates the status in real time. You’ll see when a payment is accepted, rejected, or still processing.

Can I view reasons for failed payments?

Yes. Cobase displays detailed rejection messages directly from the bank so you can quickly understand and resolve the issue.

What happens to rejected payments?

They are flagged in the dashboard with an explanation. You can correct and re-submit the payment without needing to start from scratch.

Do I need to check each bank portal separately?

No. Cobase consolidates return messages from all banks into one interface, eliminating the need to log into multiple bank portals.

Is payment status linked to the audit trail?

Yes. Each status update is tracked and logged as part of the full payment lifecycle audit trail.

Interested?

Manage all your bank accounts centrally with Cobase

Simplify your cash management and save valuable time. One platform, complete control over all your financial flows.
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