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RenovITe launches 'seamless' payments switch

November 29, 2016

RenovITe Technologies Inc., a payment products and solutions company, has launched a new switching product, the RenovITe Integrated Payment Processing System.

According to a press release, RIPPS is built from the ground up with an architecture designed to enable the seamless acquisition, authentication, routing, capture and authorization of electronic payment transactions across traditional and new channels.

The product takes advantage of modern, open and proven technology frameworks in America, Europe and India to support and deliver mission critical payment systems, RenovITe said.

"RIPPS is a revolutionary payment processing product that is ready for the 21st century and for the incredible rate of change experienced by payment systems," RenovITe CEO Viren Rana said in the release.

Fremont, California-based RenovITe provides additional payments products that include RIPPS EFT, an integrated payment processing system and REXA Test, a payments test automation suite.