Real-Time and Cross-Border Payments
The alternative, quicker and easier way to access Faster Payments to meet your customer demand for real-time payments with our 'Express' service.
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.
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