Startup Spotlight: Volt

START UP SPOTLIGHT

Unified, bank direct payments. Supercharged.

OUR UNIQUE APPROACH

Volt is a single aggregation point and gateway to the world of open banking. Our Switch technology is currently connected to the most robust network providers in Europe; we will follow the roll-out of Open Banking across the globe, bringing together the best performing networks and providing a one-stop solution for global connectivity.

This unique approach not only scales to address our global ambition but builds resilience through redundancy and failover, ensuring you and your customers are always connected.

Increase retention and digital sales by allowing your customers to initiate direct payments, from their bank accounts to yours in real-time - your checkout in super-drive, powered by Volt.

Shorten the cash cycle Experience the advantages of real-time settlement. Eliminate clearance wait periods with instant payments allowing immediate cash-flow.

World-class UX optimises conversion Eliminate friction with integrated and streamlined user experience, driving increased sales and fewer dropouts.

Broaden the bottom line Next-generation payment solutions are inherently more cost-effective. Bank direct payments are more secure by design.

Reduce fraud, no chargebacks With Volt, card fraud and chargebacks are a thing of the past. Tokenised credentials and biometrics are the new standards.

WHY VOLT

• Global payments switch • Security and redundancy • No license required • Loved by developers

The Volt team have recently brought their solution to market after eighteen months of intensive development. Volt’s network aggregation model has proven its capabilities across geographies wherever banks offer direct Payment Initiation APIs.

Volt’s Switch provides failover and smart routing that gives merchants and PSPs alike the coverage and reliability needed to provide their clients with the upper hand in Open Banking - detecting and automatically routing payments through the most effective providers available.

Existing card payment processes bec ame popular in the 1970s, but now they are inflexible and expensive. Considering this, Open Banking is a logical next step - Tom Greenwood | Volt CEO.

Company Bio: VOLT was founded in 2018 and consists of a senior team of payment professionals, led by Chairman, Robert Kraal, former COO and member of the founding team at Adyen. The product strategy has been under intensive development for the past eighteen months, placing the company at the forefront of the sector. The founding team comprise Thomas Greenwood as CEO (former IFX Payments), Steffen Vollert as CTO (Former head of expansion Adyen) and Jordan Lawrence as CCO (CEO & Chairman at PCN Capital)

R epresentative bio: Jordan Lawrence joined the founding team of Volt in 2019 bringing a wealth of industry knowledge and an unsurpassed network with which to hire from as well as service. Jordan is also CEO & Chairman of PCN Capital which comprises Payments & Cards Network, Digital Source & Sekura People.

Unified, bank direct payments. Supercharged.

PARTNERSHIP ANNOUNCEMENT

APEXX Global is partnering with Volt to bring faster, more efficient payments to their merchants worldwide. As a single gateway to Open Banking payments through the best available APIs on the market, Volt is well-placed to extend APEXX’s merchant offering at a time where bank direct payments are becoming prevalent across Europe and gaining momentum around the world.

“The built-in benefits of Open Banking payments for merchants are significant, and plugging in with Volt brings the resiliency to API payments we had been looking for before hitting go. We are excited to be making our foray into the world of Open Banking payments partnered with Volt, and tapping into the next wave of payments innovation for our clients.” - Rodney Bain, Managing Director and Founder at APEXX

“APEXX has been making waves in the industry with their merchant-centric products, and we look forward to serving their continued successes. As we follow the roll-out of Open Banking -worldwide, our partners are enabling us to continue building the most reliable, bank direct payments network.” - Tom Greenwood, Chief Executive and Founder at Volt

APEXX is the one-stop-shop for consolidated acquiring solutions, they have made a name for themselves as the global leader in reducing fragmentation where complex payment solutions exist. Their enterprise clients reap the benefits of working with their transparent, industry-leading service offering. Volt is pleased to deliver streamlined Open Banking payments to a partner like APEXX, bringing the industry one step closer to realising the potential of bank direct payments.