IFX Payments Announces Partnership with Volt

Fazzaco learned that IFX Payments, a provider of FX solutions, yesterday announced that it has partnered with Volt, a payments company, to integrate IFX Payments' virtual IBANs with Volt Connect. 

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The new partnership will support the UK and EU-based merchants through virtual IBANs to realize the full potential of open payments. Additionally, the joint solution will also provide the ability to initiate refunds and payouts as well as offering highly competitive treasury and FX rates. 

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Will Marwick, CEO at IFX Payments, said: "Our ongoing aim is to make cross-border payments seamless and stress-free for all our clients. By offering virtual IBANs to Volt customers, we take away the laborious requirement of reconciliation and give merchants the confidence of complete transparency of payment journeys. Volt is pioneering the new market standard for PISP services, and the combination of our two bespoke technologies creates the perfect holistic solution."

​"I'm absolutely delighted to be working with our friends at IFX Payments to launch this market-leading functionality through our joint solution. This represents a game-changer for open payments, enabling real-time visibility of the full payments value chain," said Volt CEO Tom Greenwood.