Hong-Kong-based fintech Niche Global has selected Volante Technologies’ SEPA Instant Payments as a Service solution to expand into the European payments market.

According to the press release, Niche Global selected Volante’s SEPA Instant Payments as a Service because of its resiliency, reliability and cost-effectiveness. Niche Global provides instant remittance services and debit card solutions to its consumers and businesses in Asian markets. The company by offering the Single Euro Payments Area (SEPA) option wants to increase its reach into a digital wallet and omnichannel payment services in Europe.

“We are delighted to enable Niche Global’s path to innovation by providing them with an end-to-end instant payments processing service,” said Nihit Ahuja, Regional Sales Head at Volante Technologies. “Our service can be accessed easily through a single API for transaction initiation, integration, payment processing, and clearing connectivity”.

Volante’s service supports Niche Global’s expansion plan to scale their business without the overhead of setting up their own payment processing infrastructure and focus on delivering propositions that differentiate themselves in the market, the press release said.