Instant payment RSS

Contracts, cross border payments, Daily news, Immediate Cross-Border Payments (IXB), Instant payment, Instant Payments, Payments News, Processing & Systems, Real-Time Payments, Remittance -

Banks from both sides of the Atlantic have successfully exchanged payment messages for a faster cross-border payments as part of a proof of concept demonstrating the feasibility of synchronising settlement... read more

The post EBA CLEARING, SWIFT and TCH team to pilot fast cross-border payments appeared first on Payments Cards & Mobile.

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Daily News, E-Money, Instant payment, instant payment scheme, Instant Payments, Issuing & Acquiring, Mobile Remittance, Remittance, RTP, SCT Inst (SEPA Instant Credit Transfer), SEPA Instant Credit Transfer -

November saw the launch of new instant payment schemes in the US and Eurozone. The main commercial banks in the US are behind RTP®, and nearly 600 payment institutions from eight European countries are participating in SCT Inst (SEPA Instant Credit Transfer). Real-time or instant payment is not new though. It started with Zengin in [...]

The post Instant payments: what are you waiting for? appeared first on Payments Cards & Mobile.

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Blockchain, Daily news, Instant payment, Instant Payments, Instantaneous Payment, Issuing & Acquiring, Mobile Remittance, Remittance -

Mastercard has just filed a patent for a “Method and System For Instantaneous Payment Using Recorded Guarantees.” This is, in short, a patent for a blockchain-based system that offers instant payment. The... more

The post Mastercard files patent for blockchain-based money transfer appeared first on Payments Cards & Mobile.

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Blockchain, Daily News, Instant payment, Instant Payments, Instantaneous Payment, Issuing & Acquiring, Mobile Remittance, Remittance -

Mastercard has just filed a patent for a “Method and System For Instantaneous Payment Using Recorded Guarantees.” This is, in short, a patent for a blockchain-based system that offers instant payment. The patent describes A method for processing a guaranteed electronic transaction, includes: storing account profile, each include an account number and balance; receiving a transaction message [...]

The post Mastercard files patent for blockchain-based money transfer appeared first on Payments Cards & Mobile.

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