Viennese payment start-up VIPASO joins Temenos Exchange

By Gloria Methri

VIPASO, the Austria-based mobile payment solution is now available on Temenos Exchange, the partner ecosystem of integrated FinTech solutions.

VIPASO stands for a comprehensive solution based on in-depth payment knowledge and technical features to ensure a user-friendly product consisting of two different apps – one for the consumer, and one for the merchant. It is designed to be utilized in various cases, geographies and environments.

VIPASO does not require terminals or any hardware beyond two Bluetooth-enabled devices. It catalyzes financial inclusion, especially in emerging countries. In cooperation with Temenos, it will provide financial institutions with a solution to improve the customer journey to drive upgraded business outcomes.

Temenos Exchange brings innovation to market faster, and at scale. The ecosystem offers pre-integrated and approved FinTech solutions that can be easily deployed on top of Temenos’ open platform for composable banking.

Martin Bailey, Director of Innovation and Ecosystems, Temenos, said, “Temenos Exchange acts as an accelerator for FinTechs and software developers, helping them develop, validate and monetize new banking solutions. The integration with Temenos and joining Temenos Exchange means VIPASO can write once and be readily available to the thousands of banks globally that run on our platform.”

“We are honoured to be available on Temenos Exchange, our mission is to make VIPASO technology available to everyone, everywhere,” said Matthias Horvath, CEO at VIPASO. “We started with making POS (point of sale) payments simple, reliable, safe, and universal. The partnership with Temenos is a significant progress towards achieving that goal.”

He further said, “VIPASO availability on Temenos Exchange extends our commitment to the banking community and enables Temenos customers to easily reap the benefits of VIPASO. We look forward to leveraging the power of the platform to help us achieve our business goals.”