Payments

FINTAINIUM Introduces New Alliance with Visa to Add Real-Time Payment Technology to Fintainium's Payment Solutions Lineup

This new relationship complements FINTAINIUM's existing 2020 cooperation with CIT's Treasury and Payments Services Division. The collaboration takes advantage of CIT's advanced payment capabilities and the cloud-based platform of FINTAINIUM to improve financial workflows, increase management visibility and reporting, as well as provide excellent payment execution, thereby improving cash-flow support for small and medium enterprise businesses.

The COVID-19 epidemic has added fuel to the already strong trend of digitising B2B accounting and payments. The sophisticated platform and end-to-end financial workflow automation solutions provided by FINTAINIUM give organisations more visibility into cash flow, save administrative-accounting expenses, and boost overall transparency in the payments process. The capacity to simplify end-to-end workflows with FINTAINIUM's single software solution, which effectively combines with most common accounting system, will assist businesses in reducing traditional methods, expenditure, and risks associated with cash flow management, enabling FINTAINIUM users to better assist their customers and business objectives.

FINTAINIUM will be ready to use Visa Direct, Visa's real-time1 push payments platform, via CIT to add real-time features to its existing technological architecture. FINTAINIUM clients may use Visa Direct to transmit and receive payments in real - time basis. This adaptability provides great value to FINTAINIUM consumers.

With Fintanium, Users can:
• Businesses can transfer funds in real time.
• Merchants may access cash flow on a daily basis.
• Customers may get payments to bank accounts using their familiar and trusted Visa debit cards.

FINTAINIUM CEO and Co-Founder Richard Jackman stated his enthusiasm about collaborating with Visa to create real-time payments technology to allow world-class money mobility for FINTAINIUM consumers.

"When rich data is combined with the most efficient railways for moving money and data, value is produced.
What we are accomplishing cannot be stressed." says the CEO of FINTANIUM, Richard Jackman.

The partnership with CIT will allow FINTAINIUM to offer Visa Direct enabled capabilities to its current business customers as well as FINTAINIUM's low-cost solutions for B2C, B2B, and G2B transactions. Finally, this joint venture alongside Visa will allow FINTAINIUM to assist industry players in keeping up with customer demand for digital solutions and providing a better payment experience in order to compete in the rapidly growing Fintech space.


The FINTAINIUM-Visa Direct cooperation will enable businesses to take advantage of specific B2B and B2C solutions to solve the myriad problems of today's evolving digital economy by enabling simplicity and personalization.

ABOUT FINTANIUM
FINTAINIUM's unique technology disrupts the market, led by a senior team of payment professionals with established track records of solving challenging financial business problems. It offers solutions that enable businesses of all sizes to drastically improve mission-critical tasks such as cash management, working capital forecasts, and financing options.

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