i-payout and SHAZAM to Revolutionize Real-time Payment Solutions

Partnership Enhances Real-Time Payment Capabilities, Reducing Payment Clearing Time to 30 Seconds
PRNewswireOctober 16, 20244 min

i-payout, a leading financial technology provider, announced a strategic partnership with SHAZAM, Inc., United States-based premier member-owned debit network, processor and core provider, to transform instant payout capabilities for global enterprises.

This collaboration leverages i-payout’s global reach and expertise in global payment disbursements with SHAZAM’s instant payments technology. Together, they aim to set a new standard for speed, efficiency, and reliability for payment delivery.

“At i-payout, our mission is to transcend traditional payment solutions by integrating cutting-edge technology and providing unmatched financial security and efficiency,” saidĀ Eddie Gonzalez, CEO of i-payout. “This partnership with SHAZAM is a testament to our ongoing effort to redefine the global payments landscape.”

The partnership allows i-payout and SHAZAM to provide beneficiaries with real-time access to funds, facilitating real-time payments in just 30 seconds. It also addresses the escalating demand for instant payments, with over 70% of consumers indicating they would choose real-time options over traditional bank transfers. This capability enables companies to make faster data-driven decisions, improve cash flow, and efficiently scale operations.

“Real-time payments are not just an advantage; they are a necessity in today’s fast-paced economy. Our partnership with i-payout ensures businesses can operate with the speed and agility they require,” saidĀ Terry Dooley, Chief Operating Officer of SHAZAM. “Our innovative technology combined with i-payout’s extensive experience in global payments creates an unparalleled synergy to ensure funds are immediately sent and received.”

The partnership also promises major benefits in regulatory compliance and security, with SHAZAM’s and i-payout’s layered expertise alleviating compliance burdens for global customers. As the real-time payments market continues rapid expansion, this strategic alignment positions both companies as leaders in the FinTech space well into the future.

“Working alongside innovative partners like SHAZAM allows us to extend our advanced payment capabilities and robust security features to a broader audience,” notedĀ Eddie Gonzalez. “Together, we are poised to set new standards for real-time payments in the industry.”

Learn more about the value of this strategic partnership’s real-time payment solutionĀ HERE

Stay Ahead of the Financial Curve with Our LatestĀ Fintech NewsĀ Updates!

PRNewswire

newOriginal-white-FinTech1-1

We are one of the worldā€™s leading Fintech-based media publication with our content strategized and synthesized to fit right into the expanding ecosystem of Finance professionals. Be it fintech live news, finance press releases, tech articles from Fintech evangelists or interviews from top leaders from global fintech firms, we give the best slice of knowledge topped up with the aptest trends. Our sole mission is to help tech and finance professionals step up with the rapidly emerging Fintech civilization and gain better insights to emerge victorious in every possible way. We adopt a 360-degree approach in order to cater to present a holistic picture of the fintech arena.

Our Publications



FintecBuzz, 2024 Ā© All Rights Reserved