The new platform aims to give clients the opportunity to grow their core businesses by monetising data and using next generation technologies such as APIs, artificial intelligence, and machine learning capabilities to deliver better experiences and increased efficiency.
According to the company, the new payment solution completes the shift of FAB’s payments business and its transition from a transactional to a data-driven and platform business. All existing merchants and customers will changeover to Magnati and the bank’s POS and other customer facing devices will be rebranded.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the The Paypers website, they in no way represent the opinion of The Paypers.