Volante Technologies launches SEPA instant payments as a service on Microsoft Azure

Volante’s SEPA Instant Payments as a service will provide all payment service providers (PSPs) certified access to the two principal pan-European schemes, EBA CLEARING’s RT1 and ECB’s TIPS, through SIAnet network.

Powered by VolPay, Volante’s ecosystem of business services for the entire payments lifecycle, the service allows any market participant to send and receive instant payments through TIPS and RT1, avoiding in-house deployment of RTP infrastructure projects. Institutions can instead focus on accelerating the delivery of new services to their end-customers, and speeding onboarding across a variety of retail and commercial use cases. The service’s multi-network architecture ensures that institutions can support both today’s SEPA instant payments networks and future ones, without onerous rework.

Founded in 2001, Volante Technologies is a global provider of software for the integration, processing and orchestration of payments and financial messages within financial institutions and corporate enterprises.

Volante serves a client base of more than 85 financial institutions and corporate enterprises operating in 27 countries around the world. Many clients use Volante to assist with multiple product implementations ranging from message transformation and integration, through to the processing and orchestration of payments. Along with its products, Volante Designer and the VolPay Suite of payments processing products, Volante maintains a library of hundreds of domestic and international financial industry standards plugins, transformations and processor modules. Volante’s VolPay Suite of payment products can be licensed and deployed on premise or on the cloud. Should clients choose to subscribe to any of the VolPay Suite applications as ‘Payments as a Service’ on the cloud, Volante also offers this option.