Payments as a Service
Done Right
Evolve payments the right way, with all the benefits of a cloud-native payments solution
Volante’s Payments as a Service (PaaS) helps financial institutions evolve payments, so you can focus on your business, not IT. Our cloud-native, award-winning Payments as a Service helps banks adapt their business model and realize new opportunities to grow and scale their business with speed. Payments as a Service removes the burden of managing your payments systems end-to-end from on-time upgrades, compliance and regulatory requirements and real-time monitoring, and more, by managing it seamlessly for you. That’s PaaS done right.
Volante can help you manage your payments business, leveraging our award-winning Payments as a Service, so you can focus on growing and expanding your business.
PaaS Done Right Benefits
Payments Made Simple
PaaS done right allows banks to adapt their business model and realize new opportunities to grow and scale their business, with speed and agility. Volante’s cloud-native, award-winning Payments as a Service solution improves system uptime, disaster recovery, and provides seamless scalability. The solution provides active, active redundancy and load balancing, with the highest levels of security and compliance. If an issue arises, real-time disaster recovery ensures payments are processed quickly with increased automation.
Redefine Productivity and Efficiency
We help financial institutions unlock the value of payments and realize new levels of productivity and efficiency. It delivers an agile, one-stop solution that supports today’s real-time, multi-rail, ISO 20022 payments operations at scale, with less risk and enhanced security. Built on cloud-native microservices architecture, it reduces implementation time by up to 50%, provides easier development of value-added services and delivers API-based innovation on top of real-time processing rails. Customers have achieved a 30% increase in digital transaction processing volumes and 10x payment processing speed. In addition, PaaS reduces total cost of ownership by up to 40% leveraging Volante’s multitenant and multirail capabilities. Control costs consuming what you need, when you need it.
Gain a Competitive Edge
We help financial institutions gain a competitive edge by reinventing the customer experience, removing friction in payments and accelerating speed to market. PaaS done right provides easy access to real-time innovation to offer new and improved payments services, accelerating time to revenue by 50%. We simplify onboarding for corporate customers with an intuitive API interface and reduce time to onboard new customers by up to 60%. Smart routing capabilities provide the best payment option for your customers, reducing the need for manual intervention and improving customer experience. As the market continues to evolve, we de-risk all your compliance and regulation requirements by managing it seamlessly for you.
Own Your Own Payments Journey With a Trusted Partner
Leveraging over 20 years of experience, we ensure our customers are modernizing payments the right way, wherever they are in their modernization journey. We help our customers solve their biggest challenges and develop a partnership to co-innovate, with the ability to own their own payments journey. We also make it easy for our customers to do business with us to address their end-to-end needs in collaboration with an extensive partner ecosystem comprised of leading solution providers in the industry.
Products
Real-time/Instant Payments
Deliver immediacy and choice for your customers by connecting to Pan-European instant payments and U.S. real-time payment schemes.
Embedded Preprocessing
Payment preprocessing works with your existing technology to improve customer service by providing the best payment option, at the least cost, and fastest routing.
U.S. Wire Payments
Process wires from corporate initiation through to direct clearing and settlement connectivity to the Fedwire Funds Service.
The Volante Experience™
Learn how Volante accelerates Payments as a Service onboarding for financial institutions.
What Customers Say
We are ready to move fast in order to offer innovative payment and remittance services to our customers and we firmly believe that Volante is the right partner to enable us to do this
Tony Xiao, Director & CEO, Niche Global
Insights
White Paper
Payments Modernization: The Big Survey 2022
Volante worked with Finextra to understand the modernization of the payment priorities and plans across hundreds of financial institutions and payments ecosystem participants.
Survey
Payments Modernization: Exploring Opportunities and Priorities of U.S. Mid-tier Banks
The study provides insights into the current payments operations and future modernization plans of mid-tier banks from interviews with senior payments professionals.
White Paper
Cloud Payments and Payments as a Service are Taking Hold
Volante and Mercator Advisory Group discuss the contributing factors that are accelerating adoption of cloud delivery and as-a-service models for payments infrastructure, and how this trend is changing bank approaches to technology while delivering products and services.
Webinar
Rapid Payments and Modernization
Volante and payments experts from Investec, Nedbank, Standard Bank Group,
FNB South Africa, and Payments Association Of South Africa (PASA) discuss rapid payments and modernization.
Webinar
Payments Modernization – Its Real Time, 24/7, Open API-enabled and Cloud-native – Oh My!
Payments experts from Mambu, Persistent and Volante discuss the opportunities and important considerations to help you as you embark on your payments modernization journey.
Press Release
Volante Technologies & FIMBank Extend Cloud Payments Collaboration
Building on the success of the relationship that began in 2018, the bank will now use Volante’s Payments as a Service to facilitate their switch to clearing and settlement via the Central Bank of Malta.
Over 125 financial institutions globally power their payments processing with
VolPay™
Volante’s VolPay is the underpinning technology for our cloud-native payments solutions for banks and financial institutions of all sizes. It provides a complete ecosystem of business services for payments modernization. The solution is API-ready, ISO 20022 native, unifies domestic and international payments processing, end-to-end, and provides real-time processing rails, with over 100 networks supported.