Xpress Payment Services Opts for Veeam Backup and Replication

Veeam Software, Inc. has helped Xpress Payment Services Limited, a provider of electronic (ePayment) transaction solutions, minimize the risk of downtime, accelerate time to market for new products and services, and comply with the Payment Card Industry Data Security Standard (PCI DSS) and the Central Bank of Nigeria.

Africa has the world’s second-fastest-growing ePayments market after AsiaPac, according to the McKinsey Global Banking report released in 2018. The volume of cashless transactions grew by 13% annually between 2014 and 2016, driven by improved availability, reliability and security of electronic channels. 40% of Africans prefer ePayment transactions, and in Nigeria where Xpress Payment Solutions operates, 59% prefer ePayment transactions.

Xpress Payment Services had been using legacy backup to protect the critical systems supporting ePayment transactions – Oracle Database and SQL Server – but it was slow and difficult to use, potentially delaying new product development and time to market. The company tests new products before releasing them to ensure they process Visa and Mastercard. Losing test data could slow down a product launch by 3 to 6 months and cost the company money.

Xpress Payment Services replaced legacy backup with Veeam Backup and Replication and minimized the risk of downtime.

“Veeam backups, replicates and recovers data in Oracle and SQL quickly, easily and reliably, helping us accelerate time to market for new products and services,” said Kehinde Owolabi, lead, IT infrastructure, Xpress. “Veeam can even create the testing environments for new product development.“

That feature is called Veeam DataLabs. It offers several capabilities that help companies leverage data to accelerate their pace of innovation, including On-Demand Sandbox to create isolated environments for testing and troubleshooting – something legacy backup did not offer. Replication is something else legacy backup did not offer. Replica failover strengthens the company’s strategy for BC and DR, making it easier to comply with PCI DSS and the Central Bank of Nigeria.

The bank olicensed Xpress Payment Solutions to connect with 19 Nigerian banks and offer ePayment solutions to public and private sector clients, such as schools, government ministries, departments and agencies.