Volt (Ecommerce checkout with Open Banking)

Volt (Ecommerce checkout with Open Banking)
Description:

Volt has a suite of Open Banking (OB) products.

Volt Connect allows merchants and anyone that helps merchants accept payments, track OB payments with settlement notifications, reconciliation and reporting automation for cash management.

Volt API, their flagship product, allows merchants to offer direct bank to bank payments as a payment method at check out. Their value prop is in reducing cost and shortening cash cycles for merchants because the payments are real-time.

Phase:
Live
Industry:
Payments
Niche:
Bank to bank payments