Bringing Volante’s VolPay Suite of payments processing products to the North African and Egyptian markets
Volante Technologies Inc., a global provider of software for the integration, processing and orchestration of payments and financial messages on-premise or as a cloud service, today announced its partnership with eVision to deliver efficient and agile payment solutions across the Egyptian and North African banking and finance markets.
eVision is a leading software solution provider in North Africa with a strong presence in Egypt that focuses on solutions to help clients with Payments, Financial Transaction Dispute Management, Anti-Money Laundering and SWIFT Message Archiving and Workflow. Through interactions with its local client base, eVision recognised a growing appetite for the latest payments processing technologies. After rigorous evaluation, eVision chose Volante to address their clients’ needs in the payments market in an efficient and agile manner. Many banks in Egypt still rely on legacy systems for their payment and remittance processes, but there is a growing acceptance of the need to implement flexible payment platforms to compete with international and local banks and collaborate with fintech disruptors looking to increase market share.
The VolPay Suite is designed specifically to accelerate all aspects of payments transformation projects, including the cost of change in local and international financial message standards.
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Mick Fennell, Vice President, Middle East & Africa, Volante Technologies, commented, “We are delighted to partner with eVision to extend the reach of Volante’s payment solutions to the Egyptian and wider North African market. Market participants no longer want to depend on external specialist consultancies – they need tools to create more agile, efficient systems meeting the needs of a changing and dynamic payments landscape.”
Amr Soliman, Founder & CEO, eVision, said, “When it comes to Volante’s Microservices-based architecture, we believe it is second to none and, unlike legacy products their technology enables customers to build highly configurable and extensible business services. Our markets are opening up, and banks need to invest now for the future to compete against local and foreign financial institutions and disruptors for real-time execution, open banking standards, and next generation market initiatives. We are excited about what VolPay is able to offer them.”