Real-time push payments technology company Ingo Money has introduced Ingo Instant Payments. The API-based, turnkey push payments technology and services platform provides companies with a method to send funds to consumers.
In a release Ingo Money said Ingo Instant Payments supports transactions from origination through settlement across multiple payment networks through a single API. It provides companies with global reach to debit, prepaid and credit card accounts and mobile wallets through Visa Direct, other card network rails and proprietary direct integrations.
Ingo Instant Payments is being extended to provide white-label, consumer-facing notification services and UI components.
“Ingo Instant Payments makes it easy for any company to implement push payments quickly and begin originating real-time, guaranteed payments to any customer or employee within their own proprietary user flows and branded experience,” Ingo Money founder and CEO Drew Edwards said. “This marks the complete digitization of consumer payments, refunds and more, and provides businesses and banks with a turnkey push payments disbursement solution that leverage the ubiquity, ease of use and security of the global card payment networks.”
Ingo Money and Visa plan to combine to offer full service. whit-label push payments to Visa’s clients who will be able to easily integrate push payments capabilities into their systems to send disbursements to customers, service providers and employees.