It’s getting harder and harder to ignore the cloud
revolution. Its adoption is now pervasive, its growth year on year is in
double-digits. As an example, Amazon Web Services continues its onward march
and Microsoft’s Azure strategy is driving significant growth for the once
windows-focussed company; they recently reported a rather glorious 68% year on
year growth in their cloud business. Cloud
expenditure growth is now 7 times greater than overall IT spend. But why has its rise been so meteoric? Let’s
just think about all those Apps on your phone – what happens each time you fire
up one of those small Apps. Something
has to be tying this all together. Want
to start your own company? Everything
you need is available as a service, so you can be up and running in less than
24 hours.
The same cloud revolution is coming to payments, for consumers,
retailers and banks. Time to market is
now a key differentiator for the provision of payments infrastructure.
OmniPayments brings a global backbone of systems spanning the globe which will
allow clients to move quickly and nimbly.
“Payments as a Service” is now an available with OmniPayments. Let’s assume you want to enter the payments
business. Are you really going to spend
18 months to 2 years and millions of dollars building a data centre, installing
systems, firewalls, just to get into a business you wanted to be in 2 years
ago?
Clients are rapidly realising the choice and rapid time to
market that Payments as a service offers them.
And that OmniPayments is one of the few games in town with the
reliability and scalability to allow them to meet the needs of the 7 billion
consumers on planet earth.
Payments is everywhere today. Payments are embedded in your
phone, embedded in your games, embedded in your apps. We as consumers are going to be moving more
and more electronic money around, and only Payments as a service will meet that
need. As an example, Korea announced
back in 2016 their intended goal of becoming a cash-free society by 2020.
They’ll probably get there. Other countries will follow suit.
One of the most exciting propositions from Omnipayments is
the recent focus on small to medium sized banks and retailers. Cloud based offerings have changed this
approach and given clients a reduced time to market, increasing return on
investment and profitability.
For a long time now, this sector of the market has been
neglected; but no more. With the OmniCloudx payments service, institutions
simply plug their existing business workflow into the OmniCloudX service. They don’t have to worry about any of the
infrastructure overheads, e.g. where the system is located, who runs it, the
knowledge and skills to run the system.
All this is handled by the OmniCloudX service. All the client gets are the benefits of the
card payments service.
Clients have also embraced a hybrid model of cloud
services. Those with an on-prem facility
can leverage OmniCloudX as their business contingency; they can spread the load
across both instances, proving their contingency facility with every processed
transaction.
The service comes with everything you need to process card
and payments. True 24*7 availability, robust security with PIN and Card
management, Fraud Management, PCI DSS compliance, EMV-compliant, highly scalable
and responsive, switching out to a broad range of Interchanges & Card
schemes, Host system integration, clearing and settlement, easy-to-use
real-time data visualisation operations.
Plug and Play. It’s become almost that easy with OmniPayments.
Comments
Post a Comment