Instant Payments adoption has soared year on year. According to an estimate more than 40 countries worldwide have either gone live or will go live by 2020.
Instant payments delivers real time value, increase payment efficiency and boosts innovation. Instant payments initiatives was initially centred around domestic retail payments but with raising expectations it has evolved into the Corporate, B2B segment and Cross-Border space. Besides regulations, (such as PSD2) are also driving more momentum and adding new business models. Today’s customers expect to pay for and receive their purchases as in real-time. Suppliers, on the other hand, also wish to have the certainty to be paid as soon as they release their goods/services. Regulators and central authorities are also promoting digitalisation of the economy, and fair competition through Instant Payments. A pan-European version of instant payment is indispensable in the global payments landscape to meet the rapidly increasing expectations and immediacy of payment options.
In 2017, Kinfos Events launched world’s first focused conference-expo on this crucial subject. Ever since then it has emerged as an important meeting point of intellectuals and leading stakeholders who are actively involved within Instant Payments space.
Join this focused event to obtain about latest insights about Instant Payments rollouts, Clearing and Settlement Mechanisms(CSMs), new business cases, updates on various payment schemes including – TIPS initiative, SCT Inst, RT1 and much more.
See you in Frankfurt !