Legacy technology is the biggest roadblock hampering innovation in payments, according to MoData CEO Darren Turnbull. He says that unless institutions modernise their infrastructure, move to cloud-based systems, real-time processing and API-driven platforms, they will fall behind in the race to offer the efficient, next-generation payments solutions that modern customers want.
ITWeb sat down with Darren Turnbull, founder and CEO of MoData, to discuss what organisations need in a transaction processing system, what they should avoid, and how TANGO provides a single solution that meets all their needs.
MoData, a leading provider of payment solutions, has been appointed as Lusis Payments’ Africa partner to bring the TANGO payment platform to Africa.
Twenty-five leading international banks and BankservAfrica have recently migrated off their legacy transaction switches onto the advanced and trusted TANGO payment platform. TANGO is built on a highly performing micro-services architecture providing agile delivery to meet continual and fast-changing business requirements.
Our cloud payment solutions use state-of-the-art cloud technology and tools that inherit all the real benefits of cloud: lower costs, better security, and high availability of service.