IXOPAY partners with Volt to support open payments in Europe

London, UK, 5 May 2021: Payment orchestration platform IXOPAY and Volt, the leading open payments gateway, today announced a new partnership that will give IXOPAY’s merchant clients another option to accept PSD2-compliant Open Banking payments through its payment orchestration platform.

IXOPAY is an industry leading acquirer-agnostic payment orchestration platform. With just one API, clients have access to the best payments processing options per country, intelligent routing, cascading, and unparalleled risk management function. IXOPAY’s flexible and scalable architecture also provides reconciliation and settlements, along with simplified integration of acquirers, payment service providers, and risk service providers.

By integrating with Volt, IXOPAY strengthens its payments offering, giving merchants greater flexibility and autonomy, and allowing European consumers to initiate direct payments from accounts held at more than 4,500 banks across the UK and Europe.

Volt’s open payments gateway offers merchants and PSPs seamless connectivity to Open Banking, standardising and operationalising the PSD2 API interface to a simple and single point of access. It provides multiple paths for each payment request, removing single point of failure, and improves conversion rates and reliability by using machine learning to optimise payment routing.

Nathalie Siegl, CEO of IXOPAY, comments: “The partnership with Volt brings together two companies that provide connectivity and flexibility to merchants operating online. By working together, we will be able to offer our clients access to leading open payments network and streamline merchant checkouts with Open Banking.”

Tom Greenwood, CEO of Volt, comments: “We are delighted that IXOPAY has chosen Volt to power its open payments offering, providing its customers with access to the leading Open Banking connectivity network. Delighted to be working with Nathalie and the exceptional IXOPAY team.”

The partnership with Volt brings together two companies that provide connectivity and flexibility to merchants operating online. By working together, we will be able to offer our clients access to leading open payments network and streamline merchant checkouts with Open Banking.