Real-time Payments Any format, Zero Errors

07 May 2019
Date submitted
07 May 2019
Resource type
Best practice
File type
pdf PDF file (216.17K)
Real-time (or ‘immediate’ or ‘instant’) payment systems are not a new concept but this year will see a raft of new initiatives worldwide.
This leaves organisations in a state of flux, today the biggest player in the real-time payment race is Swift, late last year SWIFT announced that gpi is now used in the majority of cross-border payments traffic, with 100 percent of those transactions made within 24 hours (and half made within 30 minutes).
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