IXOPAY Partners with FinTecSystems
The industry leading payment orchestration platform, IXOPAY, has partnered with FinTecSystems, a leading open banking and data analytics platform.The strategic partnership will see IXOPAY and FinTecSystems offering clients a smart payment solution that provides high-risk merchants with independence, flexibility, and security backed by data-driven automation.
IXOPAY’s intuitive architecture gives merchants complete control of their payment stack. As a best-of-breed payment orchestration platform, users benefit from simplified integration of acquirers, payment service providers, and risk service providers, as well as centralized reconciliation and settlement services.
FinTecSystems provides an intelligent and innovative payment service (PIS) that seamlessly integrates into the provider’s environment and only enables payments once it has carried out crucial risk checks. As an open banking provider connected to over 6,000 banks, FinTecSystems eliminates the risk of chargebacks, lowers processing fees, and provides a method of payment for those who may not have access to credit cards or prefer paying with their bank account.
“We partner with companies that are pioneers in their field. We are excited to be working with FinTecSystems, a forward thinking open banking provider that will enable our clients to make automated decisions driven data.”
Companies that operate in the iGambling and iGaming sector can use this partnership to leverage their payment setup. By working with IXOPAY and FinTecSystems, clients can significantly minimize payment defaults and maintain regulatory compliance, all the while benefiting from a best of breed payment orchestration platform that allows for independence and uninterrupted growth.
“Highly regulated areas in global eCommerce require fast and secure payments, which is why our payment solution includes real-time KYC and AML processes. We are delighted to be working with IXOPAY as this new partnership will bring increased security and flexibility to merchants’ payment stacks."
“We partner with companies that are pioneers in their field. We are excited to be working with FinTecSystems, a forward thinking open banking provider that will enable our clients to make automated decisions driven data.” Said Rene Siegl, Founder and Executive Chairman of IXOPAY.
“Highly regulated areas in global eCommerce require fast and secure payments, which is why our payment solution includes real-time KYC and AML processes. We are delighted to be working with IXOPAY as this new partnership will bring increased security and flexibility to merchants’ payment stacks." Said Hannes Rogall, COO of FinTecSystems
This new partnership strengthens IXOPAY‘s connectivity and provides even greater access to open banking. FinTecSystems is live and ready to use on the IXOPAY platform.
About FinTecSystems:
FTS is a B2B Fintech, founded in 2014 and licensed by BaFin as a payment initiation and account information service since 01 March 2019. FTS is specialized in open banking infrastructure and data analysis. With our digital infrastructure and leading machine learning technology, we prepare account data in a way that enables companies to make better, data-driven and automated decisions. We are the market leader in the DACH region in open banking with access to over 6000 banks. More than 150 companies place their trust in us, including banks such as Santander, DKB and N26 as well as all national comparison platforms and Payment Service Providers. For example, our products accelerate loan commitments, we minimize payment default risks and we categorize revenue data for our customers in real time so that it is meaningful.
Please find more information about FinTecSystems here.
About IXOPAY
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 80 employees and is focused on building innovative solutions for eCommerce.
Please find more information about IXOPAY here: https://www.ixopay.com