Aevi and Silverflow partner to support banks in Europe & North America

By Gloria Methri

FinTech Aevi has partnered with Silverflow, a cloud platform for global card processing, to help acquirers reengage in direct payment processing.

The collaboration aims to support banks with a modern, data-driven processing proposition, by leveraging an Android-led in-person payment solution. This initiative enables banks to cater towards Independent Software Vendors (ISVs), offer all-in-one smart Point-of-Sale (POS) products, and facilitate stand-alone payments within a unified and fully integrated processing platform at a global level.

Recognizing the need for banks to be supported in reclaiming ownership of their merchant propositions, Aevi and Silverflow offer a flexible payment acceptance infrastructure. This new seamless solution allows banks to re-establish the merchant relationship.

“Banks are searching for a swift and cost-effective means to regain control over their payment offerings to merchants. Our collaboration with Aevi combines best-in-class platforms to provide banks with a compelling alternative. Our solution delivers unparalleled data, speed, and innovation, alongside a proven terminal orchestrator. By partnering with Aevi, we will revolutionize banks’ ‘endless channel’ offerings to merchants, empowering tech-minded banks to excel in the digital payment landscape,” said Anne-Willem de Vries, CEO and co-founder of Silverflow.

This unique offering is particularly beneficial for regional banks, removing the constraints of legacy processors and enabling them to create and own their acquiring propositions. Whether forging closer relationships with their merchant base through state-of-the-art payment acceptance solutions, powering their next-generation banking services, or becoming better banking partners for indirect channel partners, the joint solution enables regional banks to reinvent their payment operations.

Mike Camerling, CEO of Aevi said, “The partnership is another step towards full digitization, eliminating the last remaining friction points for all industry players, ensuring that the in-person payment processes are as open and programmable as their e-commerce counterparts.  Removing process limitations for clients, empowering them to harness the full potential of data, design their checkout flows, and select partners according to their preference, will create a new industry dynamic.”