- EPG integrates Volt for real-time wallet funding
- PayLado users can top up instantly via bank debit
What happened: EPG adds Volt integration to speed up PayLado wallet top-ups
EPG has linked PayLado wallet with Volt’s real-time payments. This move lets users top up instantly. They can now fund wallets via bank debit in seconds. Users no longer wait for overnight transfers. PayLado sends the debit request through Volt’s open banking network. The request reaches the bank in real-time.
The bank then debits funds and sends them back to PayLado. The update applies to all PayLado accounts. It works with UK banks that support Volt. EPG first chose Volt for its fast settlement and reliability. The integration has passed pilot testing. It now goes live for all eligible users.
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Why it’s important
Instant top-ups make wallet use smoother and more reliable. Users can pay or transfer without delay. That may improve customer experience and retention. Wallet providers may see lower cart abandonment and higher usage rates when top-ups are quick. Instant funding also helps in emergencies or time-sensitive payments.
Open banking networks support new fintech features like this. Banks that join Volt can improve real-time services. Platforms like PayLado may attract more users with instant wallet credit. This integration showcases the value of real-time payments in modern fintech ecosystems.
