Petra Financial’s expands alliance with Power Payment Technologies (Power Payments) allowing Power Payments to market Petra Financial’s suite of payment automation software.
Power Payments’ E&I application is already being integrated into Petra Financial’s SWIFT reporting to create Clarion E&I. Power Payments now signed to re-sell Petra Financial products directly and globally and through their alliance channel.
Banks are looking for innovative technologies with strong design form as well as function that can be easily integrated, does not require capital expenditure, and are available as services with maintenance and updates included.
Petra Financial’s exceptional SaaS (Software as a Service) applications enable banks and financial institutions rapid implementation, with one simple annual subscription covering software, maintenance and updates. As banks look for operational and cost efficiencies these capabilities are gaining momentum.
Petra Financial’s innovative payments technologies – Touchstone, Vortex, and Clarion E&I are already used by some of the world’s leading banks, including HSBC, ABSA, National Australia Group, and FNB.
“Petra Financial and Power Payments Technologies have been working together successfully for several months, and we have been able to see the commonality in our interests develop,” says Alain Falys, Power Payments Technologies director. “We have already established a strong partner channel in many territories, and now that our solutions are integrated, we want to market this exciting product set directly and through our distributors. Petra Financial has an exceptional design philosophy, and this is something very attractive to us and our partners.”
D.C.