Fintecor has successfully integrated its Payment Gateway (ERP) solution into Industra Bank’s system, significantly enhancing payment automation, particularly for the bank’s e-commerce and large corporate clients.

This new solution enables businesses to process payments directly within Industra Bank’s core system, eliminating the need for manual data entry via internet banking. It is particularly well-suited for companies that manage high volumes of daily transactions.

Key benefits of the Industra Gateway for bank clients:

• Enhanced security features
• Simple and user-friendly API integration
• Real-time payment processing and validation

The partnership between Fintecor and Industra Bank marks another step towards more efficient and automated financial solutions, supporting the development and accessibility of digital banking services. By integrating the Fintecor Payment Gateway (Industra Gateway), Industra Bank further strengthens its position as a technology-driven financial institution, offering secure, innovative, and automated banking services.

The new solution is now available to clients, helping them work more efficiently and streamline payment processes.

About Industra Bank
Industra Bank was founded by local entrepreneurs and is focused on serving small and medium-sized enterprises (SMEs) in Latvia. The bank has 18,000 clients and provides customer service centres in Riga, Daugavpils, Liepāja, Ventspils, and Jelgava. It is also possible to become a client and use the bank’s services remotely, regardless of location. By the end of 2024, Industra Bank had issued loans totalling EUR 104 million, while client deposits reached EUR 257 million.