Pismo has activated a significant update to its core authorisations engine. The upgraded system can support thousands of transactions per second (TPS) in a single customer account.
This means a Pismo client can offer each of their customers the capacity to scale alongside times of surging demand.
This could include retailers on Black Friday, global companies processing payroll for tens of thousands of employees, or streaming services handling subscription payments for millions of users.
In an always-on world, large commercial customers require their banks to process high-volume payments without interruption. These key accounts demand throughput, availability and scalability.
“The ledger is the heart of a banking system,” says Juliana Binatti, Co-Founder and CPO at Pismo. “It manages account balances and limits, keeps track of the change in account balance, and validates if an account has enough balance for a transaction. Speed and accuracy are pivotal.
“By offering a streamlined system that can handle 3,000+ simultaneous TPS in every single account, we are giving our clients the peace of mind to deal with traffic surges, helping them improve their client’s experience.”
Pismo spent 18 months researching, testing, and developing the new enhancement with the participation of a Tier 1 client.
A rollout to current clients will occur over the next two months, while new clients can use this new feature immediately.
Read more: How Pismo flawlessly handled the Black Friday surge
