Electrum Solutions

Payments

Modernise your consumer offering

Specifically designed for banks and retailers who wish to offer customers alternative payment methods, provide no-touch payments, reduce cash acceptance, and protect against offline services or abandoned carts. Electrum Payments enables you to rapidly take new services to market, improve time to value, and increase customer satisfaction and retention.

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Learn how we can help you to quickly add Payments to your offering, let one of our Payments experts walk you through the solution.

Our Payments Platform

Payments products for the future

Rapid Payments Programme

The functionality required for Rapid Payments Programme (RPP), including credit push for real-time payments, pay by proxy, and request to pay.

Clearing House Payments

Real-Time Clearing (RTC), Electronic Funds Transfer (EFT), Authenticated Collections (AC), and Account Verification Services (AVS).

QR Code Payments

Dynamic QR Code-initiated Payments with interoperable support for multiple payment types, including MasterPass, the RPP, and closed-loop payments.

Cash Vouchers

Including P2P deposits and withdrawals at retailers.

Cross-Border Payments

With access to a network of Money Transfer Operators that reach over 200 countries and territories.

Digital Wallets

With support for closed-loop wallets, loyalty programs, and prepaid stores of value.

Future Proofing

Keep up with the latest payment trends

Built with the agility to support new and emerging transaction types, specifically when it comes to handling high-volume, low-value transactions. Don’t let your legacy system hold you back, as our cloud-based solution comes with a wide range of integrations to leverage your existing investments, and eliminate the need to process digital transactions through a costly card switch.

Global cashless payment volumes

2020

1 trillion transactions

2022

1.9 trillion transactions

Source: PwC Payments 2025 & beyond report

Solution Benefits

Modernise your Payments offering

Electrum Payments includes the functionality to offer new services on top of existing payment offerings, allowing you to launch new products to customers quickly. This cloud-agnostic solution comes with standard overlay features such as reconciliation, transaction matching, fee calculation, exception handling, and settlement reporting.

Rapid time to market

Support new payment types

Built to scale

Integrations

Access and maintain a single point of control

Electrum Payments comes standard with a single, simplified integration into various payment solutions, allowing you to adopt new services and quickly cater to your customers’ demands.

Updates

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