Author: IXOPAY

API fintech open banking payments

IXOPAY partners with Volt to support open payments in Europe

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

London, UK, 5 May 2021: 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, comments: “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, comments: “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: https://www.ixopay.com

IXOPAY 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). The modern, easily extendable architecture offers smart transaction routing & cascading, state-of-the-art risk & fraud management, fully automated reconciliation and settlements processing, comprehensive reporting as well as plugin-based integration of acquirers, payment service providers and alternative payment methods (APMs).

IXOPAY is part of the IXOLIT Group, founded in Vienna, Austria in 2001. With local entities in Austria and the USA, IXOLIT supports national and international customers across various industry verticals. The owner-led and -financed company has grown from 2 to more than 65 employees and is focused on building innovative solutions for eCommerce.

About Volt: www.volt.io

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. 

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