Introduction

PagoNxt Payments is a cutting-edge, real-time payments processing platform designed to revolutionize the way banks, fintechs, and businesses process payments. Developed by PagoNxt, a fintech subsidiary of the Santander Group, one of the world’s leading banking institutions, Payments Hub combines the agility of fintech innovation with the assurance of global banking expertise.

At its core, Payments Hub operates by establishing a single, reliable connection to multiple payment schemes, handling not only the inter-exchange portion of the process but rather the entire, end-to-end orchestration of a payment. Supported payment types include, but are not limited to, Credit Transfers, Instant Payments, Direct Debits, and International / Large Value.

The system leverages a number of Application Programming Interfaces (APIs) that facilitate the initiation and reception of payments, supporting both individual and bulk patterns. Following a Payments-as a-Service model, aspects such as latency, cost, efficiency, resilience and security are at the very core of the platform, making it a robust solution for today´s demanding payment processing needs.

Why use the Payments Hub platform?

Reduce the cost of ownership of your payments processing infrastructure

By eliminating the need for multiple legacy systems, vendors and intermediaries, and by optimising resources.

Improve the performance

Resilience, and security of your payments processing operations, by using state-of-the-art architectures and technologies.

Accelerate time-to-market

Innovate your payments processing services by taking advantage of the modular design and open API philosophy of the platform, which enables you to easily integrate with other systems, whilst allowing for new functionalities and services.