Bankart Selects IXOPAY

Bankart Selects IXOPAY
26.05.2020 07:00 am

Bankart Selects IXOPAY

Payments

Last year Bankart put out a request for proposal (RFP) for a new Payments Orchestration Platform provider. IXOPAY is delighted to announce that after a long and competitive tender process it has been confirmed as Bankart’s new provider. Key criteria in Bankart’s decision were IXOPAY’s extensive feature set, maturity, and flexibility.

Bankart is a leading payments company based in Ljubljana, Slovenia. It provides ATM, POS, card, online, mobile and SEPA processing services to more than 20 banks and other financial institutions in six countries across Southeastern Europe with the aim to simplify the complexities of payments for local merchants and consumers. As a White Label client, Bankart uses IXOPAY to process all online payment transactions for nearly 1.000 merchants in the CEE region.

During the implementation phase, IXOPAY specifically developed plugins for the most common eCommerce platforms such as Magento, Prestashop, WooCommerce, and OpenCart. This facilitated migration significantly, and will enable new merchants to onboard quickly. Furthermore, the IXOPAY team built a direct, ISO-8583 based adapter to Bankart’s authorization system, underlining the integration capabilities of the platform.

“Banks are increasingly recognizing the importance of eCommerce Ecosystem as a key component of their future competitive edge. To successfully address higher and more demanding customer expectations, banks have to be agile and adaptive enough to stay competitive in a world where constant change is the new normal”, says Dr. Rainer Schamberger, Bankart’s CMO (Chief Market Officer). “In Bankart we are fully aware, that eCommerce is not only the new normal, but a strategic priority on ours and our customers’ agenda. Therefore we were looking for a strategic partner and found one in IXOPAY. With its high level of maturity and flexibility, IXOPAY has proven to be the right and long-term choice.“

“We believe in trust, speed, and independence, which is why we are such an organic fit for Bankart, who constantly strive to simplify the complex payments ecosystem for their customers,” added Rene Siegl, Founder & Executive Chairman of IXOLIT Group. “By working together with Bankart we are proud to prove once again that our IXOPAY Platform is both: built to evolve and fit for purpose, even for complex, licensed financial institutions.”

With the addition of Bankart – a trusted payments brand – to its client portfolio, IXOPAY is further establishing itself as an innovation leader in the Payments Orchestration Platform market.

Related News

Younger Generations Drive UK Alternative Payment Method Adoption for Online Transactions

As the migration away from traditional payment methods in the UK accelerates, younger generations are leading the adoption of alternative payment methods (APMs) such as bank... Read more »

Sokin Links Into Currencycloud to Strengthen Its Global Payments Network

Sokin, the new generation fintech payment firm, has announced it will be integrating Currencycloud’s local payment rails as part of it’s easy... Read more »

One in three UK consumers in favour of increasing contactless spending limit

One in three UK consumers (32 percent) would like to see a further increase of the current £45 contactless spending limit, according to a YouGov survey of more than 2,000 UK... Read more »

VibePay sets sights on growth with integration of more UK banks and new business accounts

VibePay is continuing on its ambitious path of growth, with the integration of more UK banks and payment providers via open banking, and a business account... Read more »

PayNearby announces partnership with Sub-K Impact Solutions; enables access to loan repayment options through its retail network

India’s largest agent banking platform, PayNearby is happy to formally announce its partnership with Sub-K Impact Solutions Ltd (Sub-K), a leading player facilitating loans,... Read more »

Banking Circle secures five finalist places at 2020 Emerging Payments Awards

Banking Circle, the financial infrastructure provider to Payments businesses and Banks has secured 5 finalist slots in the 2020 Emerging Payments Awards.... Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel