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Tietoevry Banking Payments as a Service, a payments ecosystem with composable built-to-evolve capabilities for banks.
What is Payments as a Service (PaaS)?
PaaS solution boasts a unique architecture with loosely coupled capabilities. Each capability is designed to execute a specific task and can operate independently, allowing seamless communication with other services through simple APIs. This modular approach empowers banks to solve complex payment-related challenges efficiently. PaaS ensures faster time to market, future-proofing, and the creation of a versatile and evergreen payment ecosystem.
Why?
With PaaS banks gain increased agility, allowing them to respond swiftly to changing market dynamics and customer demands. This enhanced agility translates into boosted productivity, enabling you to stay ahead of the competition and seize new opportunities promptly.
How? The individual capabilities can be easily developed, deployed, and maintained according to specific use cases and requirements. Whether to enhance an existing payment architecture or tailor a solution from scratch, PaaS provides you with the tools to assemble the desired capabilities effortlessly
