Luup's Universal Mobile Payments Platform Goes Live
Luup has launched its mobile payments platform, the result of an integration of the Temenos T24 core banking application and Microsoft BizTalk with Luup’s mobile payment services platform. The integration of applications with Luup’s platform enables Luup to provide a mobile payments managed service. It combines the scale to deal with large transaction volumes with the standards that banks require to meet regulatory and security requirements.
For its solutions Luup has further developed technology from Temenos and Microsoft, including Microsoft BizTalk, to provide several business-enhancing functions. In addition, the managed service model enables banks to implement the service at a low cost and to scale-up as customers’ demand for mobile payments increases further