Payment orchestration and open banking synergy

The industry leading payment orchestration platform, IXOPAY, has partnered with FinTecSystems, a leading open banking and data analytics platform.The strategic partnership will see IXOPAY and FinTecSystems offering clients a smart payment solution that provides high-risk merchants with independence, flexibility, and security backed by data-driven automation.

IXOPAY’s intuitive architecture gives merchants complete control of their payment stack. As a best-of-breed payment orchestration platform, users benefit from simplified integration of acquirers, payment service providers, and risk service providers, as well as centralized reconciliation and settlement services.

FinTecSystems provides an intelligent and innovative payment service (PIS) that seamlessly integrates into the provider’s environment and only enables payments once it has carried out crucial risk checks. As an open banking provider connected to over 6,000 banks, FinTecSystems eliminates the risk of chargebacks, lowers processing fees, and provides a method of payment for those who may not have access to credit cards or prefer paying with their bank account. 

Companies that operate in the iGambling and iGaming sector can use this partnership to leverage their payment setup. By working with IXOPAY and FinTecSystems, clients can significantly minimize payment defaults and maintain regulatory compliance, all the while benefiting from a best of breed payment orchestration platform that allows for independence and uninterrupted growth.

“We partner with companies that are pioneers in their field. We are excited to be working with FinTecSystems, a forward thinking open banking provider that will enable our clients to make automated decisions driven data.” Said Rene Siegl, Founder and Executive Chairman of IXOPAY.

“Highly regulated areas in global eCommerce require fast and secure payments, which is why our payment solution includes real-time KYC and AML processes. We are delighted to be working with IXOPAY as this new partnership will bring increased security and flexibility to merchants’ payment stacks." Said Hannes Rogall, COO of FinTecSystems

This new partnership strengthens IXOPAY‘s connectivity and provides even greater access to open banking. FinTecSystems is live and ready to use on the IXOPAY platform.