Volt + Tranzify

What the integration covers

Volt in the Tranzify catalogue covers Open Banking (UK) and Open Banking (EU, PIS), the rails Faster Payments (UK) and SEPA Instant, and iDEAL in the Netherlands. The payer confirms the transfer in their banking app, and the money arrives on the account in seconds, with no card and no chargeback. The countries are the United Kingdom, Germany, the Netherlands, France, Spain and Brazil; the settlement currencies are GBP, EUR and BRL. The operations are pay-ins, payouts and refunds: a payout goes to the recipient’s bank account over the same instant rails, and a refund returns to the payer’s account. Recurring payments are not part of this integration.

How a client enables it

A Tranzify client, a licensed PSP, acquirer or fintech, opens an account with Volt under its own licence and contract; the funds arrive on the account the client nominates with Volt. The client enters the Volt credentials in the terminal settings in the Tranzify back office, adds the terminal to its routing rules and cascades it with other providers of the same methods, TrueLayer, Yapily or Token.io for Open Banking, Mollie for iDEAL and Sgate for payouts over SEPA Instant and Faster Payments, so that a payment or payout that fails with one provider is retried with another. Tranzify routes every payment, verifies Volt’s callbacks before a status changes, journals every attempt and result and calls the merchant’s webhook. The integration is enabled on the client’s request and is built and tested against Volt’s sandbox before the terminal goes live.