By using this website, you agree with the use of cookies set for performance, statistical and advertising purposes. Learn more about our Cookie consent.

Real-Time Payments Express business benefits

BT action 86

Quick and cost-effective integration

With integration into the UK Faster Payments ecosystem, the Express service makes payments immediate and convenient.

BT documentation & messaging 60

Future overlay services

Provides access to a range of future overlay services designed to keep customers at the cutting edge of the industry.

BT legal 110

Confidence and stability

Bottomline has a 99.99% record of availability for its gateway services; providing confidence and stability when accessing the Faster Payments Scheme.

BT documentation & messaging 53

Simple and cost-effective interface

The API enables new financial products to be developed quickly and efficiently without the need for complex legal agreements.

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.

As an alternative, Bottomline offers access to FPS, via API connectivity without the need for additional scheme approval. Domestic customers and those outside the UK will be able to extend their reach to their UK consumers with minimal cost and a short time to market. Using this 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.

Real Time Payments Illustration

Why Bottomline?

Bottomline is a market leader in the provision of Real-Time Payment solutions and has taken more new entrants to FPS capability than any other provider.
BT documentation & messaging 39

Open Banking: Changing the Way Businesses Pay and Get Paid

The way businesses and banks pay and get paid is changing. There has never been a period of such radical shift in the payments landscape. Many of these changes are driven by regulation, so businesses and banks will need to ensure they are compliant with the new rules and payment schemes. But these transformations will also bring many exciting opportunities to make payments easier, faster and more secure.

White paper
BT documentation & messaging 58

Navigating your way through the payment landscape

This episode on The Payments Podcast looks at regulations previous and forthcoming to examine how payments will change over the next 5 years. This episode features Jon Rushton, Director of Commercial product management focusing on how to make the most out of all these changes that are taking place.

Podcast

You May Also Like

Related solutions

GET IN TOUCH

Want to learn more about Bottomline's aggregated connectivity solutions?

Give us a call.

Our solution experts are here to help.

+61 2 8047 3700 | SG +65 6508 8088

Chat with us.

Chat with one of our solution experts. We'll recommend the right product to fit your needs.

Let us help you maximise your payments reach.

Tell us a bit about you and your business and we’ll get back to you with all the information you need.

curved shaped

Solutions

Customers

Company

Also of Interest
© 2021 Bottomline Technologies, Inc. Privacy Policy