AWS Case Study:
Electrum Payments
The Challenge
Electrum Payments provides enterprise software that represents the next generation of payments technology. Major retailers & financial institutions use Electrum’s technology to accept payments, process financial transactions, and provide value added services. To become this force in their industry, Electrum needed infrastructure that could scale to meet the demands of their increasing client base and that would allow them to create a gateway switch for Electrum’s enterprise clients to engage with their clients, while maintaining strict security compliance.
Silicon Overdrive met with Electrum’s decision makers to discuss how we could assist them with reaching their goals. With a very tight deadline, Silicon Overdrive architected a solution, which included deploying various AWS compute, database and management services.
The Solution
Electrum technology connects people directly to financial services, millions of times a day
The Outcome
Following the deployment of their infrastructure in AWS, with the guidance and assistance of Silicon Overdrive’s AWS team, Electrum deployed an enhanced USSD for banks and have since successfully converted their environment from Infrastructure as a Service to Software as a Service, thereby increasing their turnover and profitability. They now process billions of transactions, in milliseconds, per annum and provide their customers with 99.999% uptime.
Silicon Overdrive also assisted with the implementation of Value Added Service (VAS) systems for Electrum’s large retail clients (airtime, entertainment and travel tickets from their stores). Silicon Overdrive continues to provide technical assistance in building out their environments and monitoring, securing and maintaining these environments.