Nuapay to become a Payment Institution participant in new SEPA Instant payment scheme
June 29, 2018 |
Instant is the new norm. Traditionally it has taken one business day for a payment to reach the beneficiary. Now with the introduction of SEPA Instant you will be able to complete a euro payment anywhere in Europe within 10 seconds.What’s more, the scheme operates 24 hours a day, 365 days a year
From September Nuapay accounts will be able to send and receive SEPA Instant payments meaning you can transfer money in seconds rather than days. As would be expected from the Nuapay environment, SEPA Instant payments can be initiated, managed and monitored by our easy to use APIs or screens. Plus when you receive an Instant payment, Nuapay can provide you with real-time alerts via API webhooks or reports.
With these exciting developments Nuapay takes a major step forward in enabling a world in which everything happens when you want it to rather than at a pedestrian rate defined by the providers of the past.