IXOPAY partners with Volt

IXOPAY partners with Volt to London, UK 5 May 2021 support open payments in Europe

Volt integration offers IXOPAY merchants access to account-to-account payments across Europe from one connection

Payment orchestration platform IXOPAY and Volt, the leading open payments gateway, today announced a new partnership that will give IXOPAY’s merchant clients another option to accept PSD2-compliant Open Banking payments through its payment orchestration platform.

IXOPAY is an industry leading acquirer-agnostic payment orchestration platform. With just one API, clients have access to the best payments processing options per country, intelligent routing, cascading, and unparalleled risk management function. IXOPAY’s flexible and scalable architecture also provides reconciliation and settlements, along with simplified integration of acquirers, payment service providers, and risk service providers. By integrating with Volt, IXOPAY strengthens its payments offering, giving merchants greater flexibility and autonomy, and allowing European consumers to initiate direct payments from accounts held at more than 4,500 banks across the UK and Europe. Volt’s open payments gateway offers merchants and PSPs seamless connectivity to Open Banking, standardising and operationalising the PSD2 API interface to a simple and single point of access. It provides multiple paths for each payment request, removing single point of failure, and improves conversion rates and reliability by using machine learning to optimise payment routing.

Nathalie Siegl, CEO of IXOPAY

The partnership with Volt brings together two companies that provide connectivity and flexibility to merchants operating online. By working together, we will be able to offer our clients access to leading open payments network and streamline merchant checkouts with Open Banking.

Tom Greenwood, CEO of Volt

We are delighted that IXOPAY has chosen Volt to power its open payments offering, providing its customers with access to the leading Open Banking connectivity network. Delighted to be working with Nathalie and the exceptional IXOPAY team.

About IXOPAY

TIXOPAY is a payments orchestration platform enabling independent, flexible and global payment processing. As a highly scalable and PCI-DSS certified “fintech enabler”, IXOPAY fulfills the needs of large merchants as well as those of “white label” clients: payment service providers (PSPs), acquirers and independent sales organizations (ISOs).

About Volt

Founded in 2019, Volt is building the infrastructure for global instant payments. Today, its open payments gateway allows merchants and PSPs to process transactions securely between accounts held at more than 4,500 banks in the UK and EU. Volt’s unique aggregation model provides unrivalled open payments reach, maximises the speed, security and resilience of transactions.

The Fintech Watchlist:

Companies making waves in our industry with unique and disruptive solutions.

With more than 120 patents, SPS designs, manufactures, and markets contact and contactless solutions in identity cards, electronic passports and bank cards on every continent in high-security environments. Recent expansion includes its ePassport component, bringing flexible and cost-effective solutions to ID document manufacturers and governments. — s-p-s.com

A RegTech delivering an award-winning SaaS solution, Konsentus Verify, providing confidence in open banking through protecting financial institutions and their customers from fraud and risk. — konsentus.com The Amsterdam-based startup recently secured $2.7 million in funding and partnered with Viva Wallet - delivering an advanced AI-driven patented super brain fraud-fighting innovation. The network effects and future proof system scales growing business - not costs. — fraudio.com

They are supercharging open banking by allowing their customers to initiate direct payments from their bank account to yours in real-time. With a rapidly expanding partner portfolio, a recent $23.5 million raise, Volt enables open payments in Europe and is undoubtedly one to watch. — volt.io

Powering data-driven decision making with mathematical modelling software for commercial insurance, this cutting-edge fintech startup is transforming the world of insurance. CEO Amrit Santhirasenan and his team also just landed $18 million in funding - Listen to a recent episode of In Check with Fintech, where we explored this exciting startup and its journey. — hyperexponential.com

The single accounting, commerce, and bank data API powers small businesses’ financial products and services. Codat recently raised $40 million after growing its annual recurring revenue by 3x. Codat plans to add new data products to its API, accelerate hiring, and onboard new customers as they expand into the US.

— codat.io

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