What are immediate/real-time payments?
Immediate payments – also known as real-time payments, instant payments or faster payments – enable businesses and consumers to make and receive payments in real time, providing convenience, speed, and faster availability of funds.
The momentum behind immediate/real time payments is growing globally as more schemes are introduced, accelerating the velocity of commerce and revolutionizing the payments landscape.
Making payments faster with immediate/real-time payments
Accelerate your move and deliver customer value with Finastra immediate/real-time payment solutions.
Our immediate/real-time payment solutions can be deployed in a variety of configurations, ranging from smart gateways, to multi-network routing and connectivity, to end-to-end real-time payment processing solutions. Key capabilities include built-in digital channel integration, a microservice layer to take advantage of the latest innovations in API banking, stand-in processing to ensure uninterrupted service 24/7/365, and real-time intraday liquidity and position management.
Finastra is the market leader providing immediate/real-time payment solutions to financial institutions in the US, UK, Singapore, Australia and across Europe, and is the technology powering Sweden’s Swish national real-time payment solution.
Finastra’s immediate/real-time payment solutions won two industry awards for their role as the core processing engine for European clearing house operator Bankgirot: The Banker’s ‘Innovation in Technology and Transaction Banking Award for Best Payments Technology’ and a Celent Model Bank award for Bankgirot’s real-time payment solution.
Interested in accelerating your move to immediate/real-time payments? Learn how Finastra can support your immediate payments strategy by providing simulated connectivity to real-time payment networks using our cloud-based test environments: