- Ievgenii_Siroshtan
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Real Time Payments
Real-Time Payments
The alternative, quicker and easier way to access Faster Payments to meet your customer demand for Real-Time Payments without the need for scheme approval.The need for speed and the provision of Real-Time Payments to customers has become a ‘must-have’ capability for regulated financial businesses. Money transferred through the Faster Payments Scheme (FPS) was in excess of £1.7trillion in 2018 from over 2 billion transactions. However, compliance and regulatory timescales and restrictions on FPS testing has limited the number of new entrants to the Real-Time payments ecosystem.Using API connectivity, Bottomline’s Real-Time Payments Express Service offers 24/7 availability to meet the demand for a quicker, easier, alternative solution to access FPS.
Improve efficiency and lower costs
Enhance your customers’ experience by becoming compliant with ISO 20022, the latest payment messaging standards
Gain comprehensive compliance assurance
Improve fraud detection and prevention with comprehensive compliance assurance and fraud prevention tools
Improve payments management
Grow and manage payments in line with the latest industry initiatives such as NPA, PSD2 and Open Banking
Manage and connect
Enhance end-to-end management and global payments connectivity to networks including SWIFT, SEPA, Bacs, CHAPS and Faster Payments