Payment Solution For A Leading Global Bank

Achieves high transaction processing volume of 20 million transactions/month with an enhanced payment platform

Client Background

  • Our client is a leading global bank for consumer and institutional businesses worldwide with major operations in Europe. Following the Single Euro Payments Area (SEPA) initiative in European Union to regularize national and cross-border payment transactions, our client wanted a transformation in their payment infrastructure.

Xoriant Solution | Key Contributions

Xoriant proposed the use of a payment platform with custom developed modules on it, best suited to meet the SEPA payment instruments.

  • Built a functional module to offer SEPA Direct Debits, SEPA Credit Transfers functionality
  • Development, delivery and support of Global ALTO - a payment processing system for low-value payments including ACH

Download Case Study

Payment Solution For A Leading Global Bank

Achieves high transaction processing volume of 20 million transactions/month with an enhanced payment platform

Client Background

  • Our client is a leading global bank for consumer and institutional businesses worldwide with major operations in Europe. Following the Single Euro Payments Area (SEPA) initiative in European Union to regularize national and cross-border payment transactions, our client wanted a transformation in their payment infrastructure.

Xoriant Solution | Key Contributions

Xoriant proposed the use of a payment platform with custom developed modules on it, best suited to meet the SEPA payment instruments.

  • Built a functional module to offer SEPA Direct Debits, SEPA Credit Transfers functionality
  • Development, delivery and support of Global ALTO - a payment processing system for low-value payments including ACH
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