About

Practically, when we talk about the product cycle, every organisation which needs to integrate with the legacy financial institutions encounters numerous challenges. In this era of digitization and digital banking, the APIs and documentation are less accessible as well as it has become an old school with loopholes and several errors.

It is difficult for banks to integrate new applications into their current IT systems. Despite using 1,000 different applications, just 29% of them interact with one another, according to the Connectivity Benchmark report. They invest time and resources to address that and enable point-to-point integration.

According to the same survey, 80 per cent of applications aren't used again when creating new goods and services per condition to impeding client experience and delaying financial organisations' development, this process also uses up resources.

So, the iPaymnt Tech has been established to ease down the process and make the system seamless for organisations. We are the automated API integrations and B2B service providers for Fintech.

iPaymnt Tech is a platform where the client has the choice to select the desired modules and launch the products with the APIs in a very short duration of time. Not only this, we are available to deal with all of the upcoming fixes, updates, iterations and services without hampering the flow of the service.

Our Services

Open Banking/ Open API: Financial organisations may be able to reach more customers thanks to open banking, which is an opportunity incumbent shouldn't pass up. Additionally, it can generate revenue-sharing ecosystems where incumbents provide users with access to services created by third parties while earning money from subscriptions or referrals. APIs allow your product or service to disseminate other products and services without expecting you to understand how they're built. APIs enable flexibility, simplify design, administration, and use, and allow for innovation when creating new tools and products—or managing current ones.

Software as a Service: SaaS, along with platform as a service and infrastructure as a service (IaaS), is one of the three basic types of cloud computing (PaaS). SaaS apps are used by a variety of IT specialists, business users, and private consumers. Products range from high-tech IT equipment to personal entertainment options like Netflix. SaaS products are commonly promoted to both B2B and B2C users, unlike IaaS and PaaS.

Cloud Services: These are made available to businesses and consumers online on-demand. These services are created to offer quick, inexpensive access to resources and applications without the need for internal hardware or infrastructure.

Artificial Intelligence: AI aids banks in forecasting future events and trends because of its capacity to make predictions based on past behaviour. This aids banks in detecting anti-money laundering patterns, identifying fraud, and providing consumer suggestions.