Viva.com Launches Real-Time Settlement and Offline Payments

Leading European cloud-based neobank, Viva.com, has rolled out two new product features aimed at simplifying business operations across Europe.

Real-Time Settlement for Near-Instant Access to Funds

The first of these features is Real-Time Settlement, which grants the Viva.com merchant community access to funds almost instantaneously. Transactions can now be settled within 60 minutes, a drastic improvement on the previous next-day settlement scheme.

Offline Payments to Mitigate Network Disruptions

The second introduced feature is Offline Payments. This feature is designed to reduce the possibility of sales loss due to network connectivity issues. Viva.com’s Offline Payments allows card-present transaction acceptance, even when a merchant cannot connect to a network at the point of sale.

Innovative Payment Solutions for All Businesses

Kostas Xiradakis, VP Product and Growth at Viva.com, highlighted the value of these fresh features. He noted that businesses would no longer need to wait for funds to be processed from completed sales or miss out on sales due to network connectivity problems.

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