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Digizoo delivers cards payments and cards onboarding to Volt Bank

‘Digizoo develops innovative cards payments, and cards management platforms to onboard new customers, allowing them to manage and use their Volt cards for all transaction-related functionalities.’

Foreword

Volt Bank is an Australian consumer neobank, and the first of which to be issued a full banking license by APRA. Volt was founded in 2017, and received its full license to operate as an authorised deposit-taking institution (ADI) in January 2019. Since then, they’ve been able to develop a functional savings account and have started onboarding some of the 40,000 members on the waitlist in early 2020.

Volt partnered with Digizoo to deliver their new cards payments and management platforms. Digizoo’s experience in infrastructure with similar banks gave Volt the capability that led to a successful delivery.

Cards Management Platform

Initially, Digizoo was engaged to assist with platform architecture and technology strategy at Volt. This quickly led to the complete design and build of an innovative cards management platform. This platform allowed Volt to begin onboarding new customers by giving customers the ability to:

  • Create new cards,
  • Activate their cards,
  • Set their pin on new cards,
  • Lock and replace lost or stolen cards,
  • And execute authentication checks.

Cards Payments Platform

Digizoo’s reputation of continued successful delivery at Volt led to being re-engaged to begin the development of their new cards payments platform. The cards payments platform allows Volt’s customers to use their cards for all transaction-related functionalities including:

  • Ability to tap cards anywhere such as POS terminals,
  • Withdrawal from ATM’s,
  • And online purchases.

Streamlining Business and Development Processes

Digizoo was able to streamline business and development processes within Volt by providing new ways of working. Digizoo uses proven methodology and frameworks combined with an agile approach to delivery, to ensure continued successful delivery. Using this approach, Digizoo has been able to streamline development throughout the whole bank by creating reusable code for security, logging, and reusable connections.

The Result

Partnering with Digizoo has allowed Volt Bank to compete with other emerging fintech’s and neobanks by delivering an innovative cards transaction suite, consisting of both cards management and payments platforms. Digizoo continues to work closely with Volt to deliver new payments functionalities and innovative technologies.