More NewsIxaris Launches Open Platform for Innovation in Online Payments

Ixaris Launches Open Platform for Innovation in Online Payments

Ixaris has announced the launch of Ixaris Opn, an application development and operating platform designed to enable financial institutions to tap into the growing market for open payments online and empower developers and entrepreneurs to create payment applications for specialised market segments.

With a history of partnering with global payment networks such as Visa, MasterCard and Swift, Ixaris will offer financial institutions the means to offer payment services through a publicly-accessible application development and operating platform. The company says the platform avoids cumbersome integration with banks’ own IT systems, thereby freeing them to bring new payment services to market. The development community can use the platform to create customised payment apps that can incorporate mainstream payment networks such as Visa or MasterCard prepaid cards, and bank transfers via SWIFT.

Ixaris Opn manages all facets of the payments lifecycle, including fraud and compliance oversight. Developers simply need to customise, combine and link to re-usable payment components in order to create fully branded payment applications.

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