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Form3's Unique Platform Delivers Zero-Downtime Payment Processing Using Multi-Cloud Architecture and a Single Code Base for Customers

Global· 3min May 8, 2025

The European leader in real-time account-to-account payments now expanding in the US, which handles 4bn of transaction volume per year for leading banks including Mastercard, Nationwide, Lloyds and Barclays.

Form3, the leading cloud-native account-to-account payments platform, today announced it is the only provider in live production delivering zero-downtime payment processing via a true multi-cloud architecture and a single code base. The platform currently processes over 4 billion in annual transaction volume for tier one banks including Mastercard, Nationwide, Lloyds, and Barclays.

Form3’s platform recently proved its resilience when a cloud provider experienced a 40-minute test outage—without any interruption to service or dropped payments. The platform’s ability to seamlessly switch between Amazon Web Services (AWS), Google Cloud Platform (GCP), and Microsoft Azure ensures continuous availability and fault tolerance. This is critical in financial services, where even brief downtime can result in financial loss, regulatory exposure, and reputational damage.

In addition to its multi-cloud strategy, Form3’s single code base ensures consistent, secure, and efficient software delivery for all customers. This unified architecture allows for universal deployment of updates, patches, and new features without the delays and risks associated with fragmented codebases.

1,500

Transactions per second

processed on the Form3 platform

4bn

Transaction volume per year

for leading banks including Mastercard, Nationwide, Lloyds and Barclays   

Handling more than 1,500 transactions per second, the platform is designed to scale efficiently, with each system component—such as payment processing and messaging—able to expand independently to meet customer demand without affecting performance.

Form3’s technology supports a broad range of domestic and international payment schemes. These include Bacs and Faster Payments in the UK; SEPA Instant, Credit Transfer, Direct Debit, and TIPS in Europe; and TCH RTP, FedNow, and soon FedWire in the US. The company is also exploring a new approach to ACH payments to support further U.S. market growth. Additionally, Form3 enables Open Banking services like Confirmation of Payee (CoP) and Verification of Payee (VoP) to help customers reduce payment fraud.

Trusted by top-tier financial institutions, Form3 is backed by strategic investors including Visa, Mastercard, Barclays, Nationwide, and Lloyds, who recognize the platform’s technological edge in real-time, scalable, and resilient payments.

Steve Cook

Our platform offers banks and financial institutions a truly resilient, zero-downtime solution that’s secure, compliant, and scalable. With a single API and unmatched reliability, our customers can focus on expanding their reach and services without worrying about outage.

Steve Cook · Chief Technology Officer

About Form3

Form3 is the account-to-account platform. Founded in 2016, Form3 set out to revolutionise the world of payment processing and disrupt the traditional payment infrastructure model, with an always on, cloud-native, Payments-as-a-Service platform. Today, Form3 is trusted by some of the UK’s and Europe’s biggest Tier1 banks and fastest-growing fintechs to handle their critical payments architecture. Form3 recently won the Best Technology Integration Award, in partnership with Nationwide, at the Card and Payments Awards 2025. The company has been included in the 2024 Lazard T100 Index and was listed in the 2024 Top 100 Scale-ups in Europe. The company has also been awarded PayTech of the Year and Team of the Year for Form3’s Engineering Team at the UK Fintech Awards 2024, Team of the Year at the Paytech Awards 2024, and Engineering Team of the Year at the Europe Fintech Awards 2024.