In order to progress its technological systems to the highest level, the international payment business Tempo France signed a contract with one of the top fintech solution designers and experts, DECTA.

The technical package will interface with external components of other payment and financial institutions (such as banks, digital payment platforms, and cryptocurrency exchanges).

It will be covering a circle of automated IT services ranging from transaction processing, accounting feeds, and financial reporting to digital on-boarding and customer management.

Last month, Cebuana Lhuillier tapped Tempo France for a complete white-label package that allows Cebuana to transfer money from the EU to the Philippines under its brand name.

The DECTA solution’s implementation will give Tempo a customized, completely automated process that will allow the EU-based payment company to handle more customers, a higher number of transactions, and faster execution rates in a safe, auditable environment.

“DECTA will provide us with an end-to-end workflow that is customised for
Tempo and improves the service we provide to our end-clients. Simultaneously, the process will require significantly fewer manual actions and interventions. This in turn will help us reach higher transaction speed, better transparency and efficiency and much lower costs,” said CEO of Tempo, Alla Zhedik.

She added, “Tempo has participated in and successfully completed key projects
in various regions of the world. We see how technologies and principles of the
global payment market are changing. The sector is on the brink of significant
digital transformation, and so is Tempo. For the past year, our strategy and
business model have been going through tremendous revision and change. We aim to be proactive, following global trends, while we tune our business model to a future that needs new technological approaches. The future of the payment market is a combination of classical finance and digital finance. DECTA’s pioneering solution will help us achieve our goals along the trajectory of technological advancement.”

“At DECTA, we are thrilled about our partnership with Tempo, a dynamic and innovative instant money transfer company. This collaboration represents a significant step forward in the ever-evolving international financial and fintech market. As we embark on this journey together, we are excited to leverage our Digital Banking Solution to enhance Tempos capabilities and provide seamless and efficient payment solutions to customers worldwide. Our combined expertise and shared ambition in the global payment landscape make this partnership truly promising.” said CTO of DECTA, Aivars Belis.