PartnershipEU

IXOPAY Partners with FinTecSystems for Open Banking Payment Orchestration

IXOPAY announced a partnership with FinTecSystems to bring open banking payment capabilities into its payment orchestration platform. IXOPAY contributes a PCI-DSS certified, white-label-ready orchestration layer that enables fintechs and merchants to manage multiple payment methods through a single integration. FinTecSystems provides open banking connectivity, allowing direct account-to-account payments that bypass traditional card rails.

The combined solution allows white-label clients to offer open banking payments alongside existing methods within a scalable infrastructure. For end customers, this means more payment options and potentially lower transaction costs. The partnership reflects the growing convergence of open banking and embedded finance, as orchestration platforms seek to integrate regulated payment rails.

Financial terms of the partnership were not disclosed. The collaboration positions both companies to serve the growing demand for embedded open banking in European markets.

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Implications
  • Accelerates open banking adoption within embedded finance orchestration platforms
  • Demonstrates growing demand for multi-rail payment infrastructure in BaaS stacks
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