Instant Payments Cloud Test Environment

Provides banks with simulated connectivity to EBA Clearing’s Instant Payment Infrastructure to test SEPA Instant Credit Transfer payments using open API technology within a PSD2 framework.

Around the world, the momentum behind real-time payments – or ‘instant payments’ – is growing. Many countries have already implemented or scheduled launch dates for real-time payments, with Celent estimating that the number could soon rise to 140 countries.

With a surge of activities underway to introduce the new pan-European SEPA Instant Credit Transfer scheme (SCT Inst), as well as a wealth of innovations enabled by the PSD2 directive, the European payments landscape is about to experience a significant transformation.

However, most banks are still grappling with basic questions: How to build a business case for instant payments? How to assess the operating impact of 24/7 availability? How to explore the open API innovation opportunities of PSD2 without a large upfront investment?

D+H’s cloud-based test environment helps banks address resolve these questions by providing quick, easy and low-risk simulated connectivity to EBA Clearing’s pan-European Instant Payment Infrastructure solution, compliant with the European Payment Council’s SEPA Instant Credit Transfer Scheme (SCT Inst).  The service includes D+H’s web and mobile digital channels for hand-on testing of real-time digital channel use cases. It also features D+H’s instant payment hub solution, allowing banks to explore the full instant payment lifecycle, from payment request and receipt through to payment initiation and acknowledgment.

Leveraging D+H’s integrated open API layer, banks have the option to directly connect their payment channels and apps to the environment enabling users to assess the service provision benefits of instant payments and to start building open APIs for Payment Initiation Service Providers (PISPs) to complement their own customer portals.

For more information, download the instant payments cloud test environment product sheet or learn more about D+H’s real-time payments solution.