Payment Solution For A Leading Global Bank
Achieves high transaction processing volume of 20 million transactions/month with an enhanced payment platform
- 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