How Can Totaltexto Effectively Manage 150 Million Payment Notifications Each Month?
Figures
150M
payment notifications processed per month
20M
payments processed per month
3.2B
payments rows of historical data
Scenario
Interbank Mobile Payments via SMS
Totaltexto is the pioneer in the Interbank Mobile Payment via SMS in Venezuela. Since high inflation encourages the use of digital transactions, Totaltexto processes more than 150 million payment notifications per month.
One of leading payment processors
- Transferencias 3.0 – Argentina –> 100M
- Transferencias electrónicas – Chile –> 60M
- PSE – Colombia –> 56M
- Totaltexto – Venezuela –> 20M
- SINPE Móvil – Costa Rica –> 15M
- Yape – Perú –> 10M
The problem processing its data
Due to the technical difficulty of real-time analytical processing of the 3.2 billion records, TOTALTEXTO could only produce monthly summaries, slowing down monthly closings and affecting day-to-day activities.
Goal: gain real-time visibility of all its operations
The Solution: FactualPay
FactualPay is a real-time analytics solution for payments that combines state-of-the-art open-source and more than 20 years of research.
Seamless Connection –> Interactive Dashboards and Embedded Analytics –> Real-Time Decisions based on Facts