Empowering Expansion through Silverflow's Cloud-Based Processing Infrastructure
In an exciting development for the payment processing industry, Silverflow and payabl. have partnered to deliver a seamless, innovative solution. The collaboration, driven by a shared vision, is set to redefine the way businesses handle their payments.
Silverflow's API-first approach, a cornerstone of the partnership, is proving instrumental. By designing its payment platform with APIs as the foundational interface, businesses like payabl. can easily integrate, automate, and customise payment workflows. This approach supports high-volume and recurring payments efficiently while providing real-time payment status visibility, thereby reducing errors and improving cash flow management.
The benefits of this partnership are manifold. For one, it lowers operational and processing costs through efficient API integration. Secondly, it streamlines high-volume or recurring payments with real-time status updates, minimising failures. Thirdly, it provides faster, more transparent, direct access to payment schemes without intermediaries, resulting in faster settlement and potentially lower transaction fees.
Moreover, Silverflow's API-first strategy allows for scalability and innovation, accommodating various payment schemes and new technology models to drive sustainable product enhancements.
Breno Oliviera, Head of Product at payabl., emphasised the importance of a partner that can evolve with them, and Silverflow's modern architecture and collaborative mindset were seen as a perfect match. The partnership has not only improved payabl.'s operational efficiency but also given payabl. the ability to deliver new services to their clients at pace.
Anne Willem de Vries, Co-Founder and CEO at Silverflow, stated that the partnership with payabl. is a blueprint for the future of payments, demonstrating what's possible when cutting-edge technology meets a shared commitment to innovation.
Integration timelines for new card schemes have been significantly reduced from years to months with Silverflow, indicating a faster time-to-market and operational reliability. The partnership between Silverflow and payabl. is set to continue, with plans for payabl. to expand its partnership with Silverflow, operating as strategic allies and holding regular cross-functional workshops to co-develop innovative features and build resilient infrastructure.
Silverflow's modular setup and scalability enable payabl. to meet peak demand and launch new features faster. Together, Silverflow and payabl. are raising the bar for what modern payment processing can be. This partnership is undoubtedly a step forward in the digital transformation of the payment processing industry.
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