Our Work
We deliver secure, scalable payment processing and core banking solutions that help you streamline workflows, enhance transaction speed, comply with regulations, offer frictionless transactions, drive customer satisfaction, gain a competitive edge, and deliver seamless customer experiences.
KPLEX UPI at Payments Bank
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Background: A major Indian payments bank was experiencing challenges with high outsourcing costs and the need for greater scalability in its UPI processing.
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Challenge: The bank sought to reduce dependencies on external providers, scale transaction handling, and reduce downtime for a better customer experience.
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Solution Implementation:
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Performance: With KPLEX UPI, the bank achieved over 250 million monthly transactions, maintaining transaction times below 500 milliseconds in 95% of cases.
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Availability and Reliability: Achieved 99.99% uptime, allowing uninterrupted service and positioning the bank as a reliable choice for UPI transactions.
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Cost Savings: The KPLEX UPI solution enabled significant savings by shifting to an in-house processing model.
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Outcome: The solution provided the bank with competitive differentiation, reduced operational costs, and the flexibility to support future growth in transaction volume and complexity.
Platform build consulting
One of the Prominent Fintechs in the Middle East is engaging Karplexus to help them architect and redesign their platform and moving away from the limitations imposed by a service provider to work with us to assemble a cutting-edge issuing platform.
Payments vendor platform evaluation
A well-established offshore Bank looking for guidance and advice to establish a global payment acceptance capability relied on us to finalise a partner of choice for their global trade-finance related payments requirements.