Outpayce from Amadeus builds B2B digital wallet on Mambu
By Gloria Methri
Outpayce, an eMoney institution with a license in Spain, has selected Mambu’s cloud banking platform to launch its multi-currency digital wallet offering.
Amadeus launched Outpayce last year as a standalone entity to facilitate B2B payments to the travel industry. As a key player in the industry, Outpayce required a robust core banking system to support a high volume of transactions and current accounts.
Running on Mambu enables Outpayce to configure, launch and optimise a breadth of financial products through its self-service, SaaS platform, all from the cloud.
Werner Van Ravesteyn, Head of Enterprise Products, Platforms and Services at Outpayce, said, “We work with hundreds of customers across the travel industry, providing them with robust and user-friendly payment solutions that simplify the way they pay and get paid. As a global organisation, scalability is always an important factor, which is why we decided from day 1 to be fully cloud-based.”
He further said, “Mambu’s SaaS model means updates to the platform happen in real time, allowing us to focus on building solutions, while it takes care of the back-end maintenance. With the green light to begin self-issuing solutions, we’re confident in Mambu’s ability to help us scale and grow and look forward to delivering on our vision of simplifying payments for all our customers.”
Now, with its EMI licence, Outpayce will provide and expand its payment services in Spain and throughout the European Union in the future, powered by Mambu.
Víctor Indiano, Area Manager, Southern Europe, Mambu, said, “Our scalable and flexible approach will allow the travel tech leader to serve multiple digital payment use cases and facilitate integration with best-of-breed technologies. On Mambu’s modern core foundation, Outpayce can continue to deliver a steady pace of innovation.”
In a later phase, Outpayce aims to expand its offering to serve its global network of customers further. The Mambu implementation is underway, with go-live expected in the coming months.
IBSi Daily News Analysis
July 19, 2024
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