Payment Hub & Instant Payments

Convergence of payment types - introducing real-time payments

In a changing global digital commerce landscape, the traditional interbank payment systems are no longer meeting the expectations of consumers and businesses, who are very much used to instantaneous access to information, goods and services.

SmartVista’s Instant Payments solution allows a bank to process incoming and outgoing instant payments. The solution allows streamlining instant payments processing and the underlying platform supports multiple CSMs as well as multiple channels in a unified, highly available and secure way. The solution can also seamlessly integrate with various internal systems to provide message enrichment, liquidity management and other capabilities

Convergence of payment types

As increasingly converging payment types, banks and payment processors have an interest to streamline their operations and consolidate all their payment types – whether those are card based or account based – onto a single platform.

Real-time payments – the new normal

With the introduction of real time payment schemes across the globe, it becomes apparent that several legacy processing platforms are struggling to comply with the performance and availability requirements associated to instant payments processing.

Managing the entire payments lifecycle

BPC ‘s SmartVista payment hub centralizes the processing of all payments at a bank, whether they be Card, Real-time, ACH or any other form of payment. SmartVista covers the entire payments lifecycle – from origination to clearing and settlement.

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SmartVista Instant Payments has been designed to integrate into virtually any infrastructure. It has a range of pre-configured online, offline and near real-time options for integrating with core banking systems, channels, sanctions screening and other solutions.

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Discover our other Smart Vista Solutions

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Digital Banking

BPC’s solution for internet and mobile banking ensures that you can deliver the same high levels of customer service across your internet and mobile channels.

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Switch

With Switch from BPC, issuers, acquirers and processors can manage the fast-moving payments landscape and deliver the best levels of service to their customers.

Read our blogposts on this topic

Open Banking as an opportunity for retailers

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Digital Wallets as a driver towards a cashless society

Even though digital mobile wallets have been around for a while, we still see new wallets being launched on a weekly basis, like Huawei Pay launching in Russia just last week. As we are taking a closer look, it is easy to see that there are significant differences between various digital wallets and those differences…

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Is there a way out of the legacy systems trap?

They have been the mainstay of payments systems around the world over the last three decades. Today, however, financial institutions (FIs) we talk to are telling us that their legacy payments systems such as BASE24 Classic can no longer support their plans for the future. Facing uncertain upgrade paths, they are confronted with difficult choices…

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