ACH Colombia Provides Enhanced Digital Payments Experience with Volante Technologies

Volante Technologies, which claims to be the global leader in cloud payments and financial messaging, announced that ACH Colombia, a financial technology company, “has gone live with a new banking portal featuring a superior digital payments experience aligned with the social media and ecommerce platforms customers use in their daily lives.”

The deployment is “part of a wider payments modernization initiative aimed at digitalizing ACH Colombia’s entire payments operation with Volante.”

As a result, customers can now be “onboarded six times faster than before.” They can also enjoy services “with a higher level of personalization and receive funds twice as fast.” Over time, ACH Colombia will also be able “to offer customers an ever-increasing variety of domestic payment services through the portal.”

Luis Alberto Fernández Pulido, VP Operations and Technology, ACH Colombia, said:

“ACH Colombia is investing in the future to improve the quality of our services and continue to contribute to the integration of the country’s financial ecosystem. The initiative represents a complete digital overhaul that sees us transform into a fully hybrid and multi-cloud operation fit for modern times. Preliminary customer feedback has been overwhelmingly positive.”

ACH Colombia “manages payments in Colombia’s social security system through its platform to make the settlement and payment: SOI, provides secure online payment and purchase options by debiting the resources online from savings, checking or electronic deposit accounts: PSE, and offers the possibility of making interbank transfers immediately with Transfiya.”

The company reportedly “handles 95 percent of Colombia’s interbank transfers, and during the first half of 2022, more than 167 million transactions in Colombia went through its network, or over 27 million transactions per month.”

As the firm actively improves Colombian citizens’ quality of life by expanding digital financial inclusion, it “expects that number to more than double, to over 35 million per month.”

The initiative “originated in ACH Colombia’s realization that, in order to deliver on this tall order, it needed to modernize its payments infrastructure and processes.”

Since it had already moved its entire operation to a fully hybrid and multi-cloud environment as part of a bank-wide digital transformation initiative, the solution “needed to be cloud-native.”

He added:

“We conducted a rigorous selection process and opted for Volante’s VolPay because of its superior cloud-native, low-code architecture, rich functionality, and ease of integration with our cloud-resident middle and back-office functions. Our business models also go hand in hand, which is a prerequisite for short and long-term success.”

Vijay Oddiraju, CEO, Volante Technologies, remarked:

“During the last three years, financial businesses have had to adapt to new ways of working and interacting with their customers, making for a heavy reliance on digital channels. In Colombia, 61 percent of consumers use payment services from neo banks. This digital shift means that banks must adapt and make smart investments in technology to support their customers and help them grow.”

As noted in the update, Volante Technologies claims it is “the leading global provider of cloud payments and financial messaging solutions to accelerate digital transformation.”

They serve as “a trusted partner to over 100 banks, financial institutions, market infrastructures, clearing houses, and corporate treasuries in 35 countries.”

Their solutions and services “process millions of transactions and trillions in value every day, powering four of the top five corporate banks, 40 percent of all U.S. commercial bank deposits, and 70 percent of worldwide card traffic.”

As a result, their customers can “stay ahead of emerging trends, become more competitive, deliver superior client experiences, and grow their businesses through rapid innovation. To learn more, visit”

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