Bankart migrates payment processing to Diebold Nixdorf’s Vynamic Transaction Middleware
Bankart in Slovenia is migrating its payment processing services from ACI Worldwide’s Base24 to the Vynamic Transaction Middleware solution of US paytech heavyweight Diebold Nixdorf.
The processor will utilise the cloud-based platform for the issuing, acquiring, transaction switching, e-commerce and other payment services it currently provides to 20 banks throughout Central and Eastern Europe (CEE), for which it collectively processes over 600 million transactions every year.
Ohio-headquartered Diebold Nixdorf claims Vynamic Transaction Middleware will afford its latest partner the “flexibility and scalability required to develop new products and services”, alongside the ability to “efficiently deliver broader functionality to their customers, including multi-national banks”.
Vynamic Transaction Middleware leverages smart routing, graphical interfaces and low-code modelling, and will operate autonomously from Bankart’s core across multiple banking channels.
Aleksander Kurtevski, managing director at Bankart, comments: “Diebold Nixdorf’s Vynamic Transaction Middleware allows us to quickly tailor and adapt our payment processing to meet various customer needs. It enables us to provide an open and connected digital environment where payments are an integral part of our everyday lives.”
He adds that the processor is engaged in a “multi-phased migration” to implement the platform, with customer disruption expected to be minimal.