Thredd has successfully migrated the entire card portfolio of BigPay from the current-gen to the next-gen processing platform. The upgrade not only enhances BigPay’s payment capabilities but also makes the migration a key enabler of BigPay’s regional expansion initiative.
The conclusion of work with BigPay on the project was confirmed by Thredd after many months of joint work. The teams collaborated to ensure a seamless handover. In addition, BigPay did not compromise on service availability during the transition. The two companies put stability, speed, and compliance with regulations at the forefront of their priorities.
BigPay decided to go with Thredd as it was looking for a state-of-the-art platform. The firm was in need of a system that would be able to process faster and provide better security. Additionally, the new system makes product flexibility better. Besides that, it allows BigPay to launch new card features by shortening development cycles.
Thredd completes BigPay’s full card migration to its next-gen processing platform
According to Thredd, the next-gen platform enables the company to lessen the number of situations where the operations are delayed. In addition, it also enhances real-time authorization process. Therefore, BigPay clients have the opportunity to make transactions in the fastest way possible. The platform has also been made to serve multi-market growth. Hence, BigPay is free to carry on with the extension of its services in the entire Southeast Asia.
The migration is a reflection of the rising stakes in the payment infrastructure debate that businesses are having. They have become extremely conscious of the need for agility and innovation in their operations. This is the main reason why Thredd is not stopping to put resources into state-of-the-art payment technology. The company is very committed to supporting such digital providers as those that are in high-growth. The case of BigPay is just one of many that are pointing in the same direction.
A new standard of fintech modernization has been set by the card migration. The belief of Thredd is that the upgrade will lead to the acceleration of BigPay’s product roadmap. BigPay, on the other hand, is looking forward to achieving a strong bond with its customers. The upgraded features will be of great help to the digitally enabled financial services that the firm is going to offer.
In summary, continued card migrations such as this one are solid evidence of Thredd’s leading position in the payment processing industry. Along with that, it is a showcase of BigPay’s dedication to digital expansion and customer satisfaction.
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News Source: Businesswire.com
