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Customers increasingly want payments to be seamless. New developments in biometrics, instant cross-border payments, and the Internet of Things (IoT) are all part of the larger trend towards more convenient payments. However, seamlessness for consumers means complexity for merchants, creating challenging market conditions.

The technology from FIS hopes to be a crucial part of Australia-based Volt's overall platform. It will provide a highly scalable, cost-effective platform to serve customers.