Volante Technologies offers FREE SaaS Real-Time / Instant Payments processing

Volante Technologies offers FREE SaaS Real-Time / Instant Payments processing
11.09.2019 08:10 am

Volante Technologies offers FREE SaaS Real-Time / Instant Payments processing

SaaS

Volante Technologies Inc., a global provider of technology and software as a service to accelerate digital transformation and payments modernization, today announced the launch of free RTP / instant payments processing on the cloud as a service. 

The capability to offer RTP is rapidly becoming the norm for large banks and an emerging necessity for smaller and mid-sized banks. Traditional implementation models, with their high costs and long project times, are also not suited to real-time payments. 

Volante offers a cloud native microservices architecture which allows for quicker implementation cycles. Volante’s broad experience of delivering complex payments projects in record time allows us to deliver the same payments technology used by other larger Volante customers to a wider audience, as a free RTP / instant payment processing service.      

The free offering is for US TCH RTP and European SEPA RT1 or TIPS instant payments. Free implementation and onboarding are provided alongside, and there are no service or per transaction fees. Certain limits will apply.

Vijay Oddiraju, CEO, Volante Technologies, said, “We have always been passionate about bringing simplification and automation of payments processing to financial institutions. This allows us to bring the power of our payment solutions to all banks.”

Deepak Gupta, Global Head of SaaS, Volante Technologies, added, “Banks are following two clear routes as they consider their RTP strategies: take a reactive approach and watch the industry and their competitors get RTP-enabled or, look to adopt a more proactive approach using RTP as a means to future revenue-generating services and remain competitive.”

Gupta concluded, “Volante’s cloud-native payment capabilities, inherent in the VolPay ecosystem, not only helps to remove obstacles to adoption but also provides firms with an extensible platform to include additional payment schemes quickly and ensure compliance with emerging standards. Speed to market and revenue without having to worry about the cost is our goal.”

Related News

Global tier-1 bank, Itaú Private Bank International, selects Temenos to power international banking operations

Temenos (SIX: TEMN), the banking software company, today announced that Banco Itaú (Suisse) SA and Banco Itaú International, affiliates belonging to one of the... Read more »

Devexperts Launches DXtrade as a SaaS Trading Platform for FX/CFD Brokers

Devexperts, a software provider for the financial industry, launched DXtrade, a new SaaS (Software-as-a-Service) trading platform for the retail FX and CFD... Read more »

Finboot partners with LCAM to transform dispute resolution using blockchain legaltech

Finboot, the company behind the enterprise-grade blockchain middleware MARCO... Read more »

SumUp expands e-commerce product range to support businesses through COVID-19 lockdown and beyond

UK-based payments service provider SumUp (www.sumup.co.uk) is launching today an online payment tool to help businesses... Read more »

8x8 selects GoCardless to manage recurring payments across its growing global business

GoCardless, the leading fintech for recurring payments announces that ... Read more »

NetSuite implementation specialist Threadgold Consulting brings Sidetrade's AI tech to SMEs

Sidetrade, (Euronext Growth: ALBFR.PA) the B2B Artificial Intelligence platform, is proud to extend the value of their AI platform, leveraging a new partnership with Threadgold... 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