As part of its ongoing digital transformation journey, one of India’s largest private sector banks has partnered with Montran to enhance its payments innovation system through implementation of Montran’s Transaction Processing Hub (TPH).

TPH will provide full scalability to rapidly launch new and existing payment innovations across all channels. The bank will have 360-view of customer payments. Operational cost and efficiency benefits will also be realized with the new payment platform, replacing existing multiple legacy payment engines, identifying the shortest payment processing route and enabling Straight Through Processing for an instant and seamless payment experience.

Montran commences with implementation of RTGS & NEFT as the first key milestones in the wholistic view of a bank-wide transformation. We congratulate the team for this win and get set for an exciting journey with the bank!