Automated payment systems have become widely available in the past years, with more and more companies and financial institutions choosing them over traditional payment solutions. This transition has started to take place especially after European quality standards such as ISO20022 were put into action. Nowadays, authorities encourage companies, especially the European ones, to utilize automated payment systems, because this increases the speed of the transactions and, at the same time, saves time from the finance department. Most companies are now eager to accept the change and although the transition takes time, they are happy to change manual labor with automated solutions.