VSoft has entered into a new partnership to integrate Payrailz’ payment services into its digital banking platform Arya.
The collaboration will enable the Arya-users to provide a enhanced payments experience with Payrailz.
The integration with Payrailz will enable all retail account holders to view billing information. In addition, it allows users to schedule payments at any specific time.
Additionally, the service will allow scheduling of automated and recurring payments.
The business and commercial account holders can utilise automation tools to streamline payment processes. Furthermore, they can view billing information and invoice payments.
Payrailz CEO Fran Duggan said: “Our mission at Payrailz is to help financial institutions leap frog current offerings and add value to the payments experience for their customers or members.
“Partnering with an established provider like VSoft will empower us to accomplish that and enable the financial institutions that leverage Arya to eliminate friction in the payments process and ultimately, enhance the overall consumer payments experience.”
Payrailz payment services utilises technological advancements and artificial intelligence to automate the tasks and fulfil payment requirements of the users.
VSoft CEO Murthy Veeraghanta said: “We designed Arya to serve as the foundation for our financial institution clients to easily scale and adapt to evolving technology, trends and account holder preferences. Our partnership with Payrailz facilitates this and further enhances the Arya platform.”
Designed as an integrated digital banking platform, Arya offers mobile banking and digital banking services within a single system. It also enables the financial entities to review data through a single access point.