Iberpay News
Instant Transfers
February 08 2024
European Regulation on Instant Credit Transfers
The Regulation on Instant Credit Transfers aims to enable Europe to exploit the full potential of instant payments (SCT Inst) and is an important development that will transform the way we make our payments.
Instant Transfers
February 05 2024
The great potential of instant credit transfers
The new European Regulation on Instant credit transfers aims to generalise their use among citizens, companies and public administrations, exploiting all the potential to achieve their strategic objectives.
Instant Transfers
January 24 2024
Instant credit transfers for a modern, digital and efficient economy
The new era of instant credit transfers between accounts opens an unprecedented window of opportunities with the potential to boost the European economy, making it more efficient, digitalised and innovative.
Instant Transfers
January 16 2024
Instant Credit Transfers grow by 22.8% in 2023 in Spain
In 2023, a record number of 1,011 million instant credit transfers were processed in Spain, with a growth of 22.8% compared to 2022. The new European Regulation on instant credit transfers is expected to boost their use among citizens and companies throughout Europe.
Services
November 16 2023
Sectorial alliance against payment fraud
Instant credit transfers continue to demonstrate enormous dynamism in Spain. However, this great financial and technological innovation can also facilitate the circulation of some forms of fraud and transactions related to money laundering or the financing of terrorism.
Services
October 05 2023
Iberpay opens its Account Ownership Confirmation Service to bank clients
Companies, public administrations and individuals may now acces, via their banks, to the Iberpay’s Account Ownership Confirmation Service.Banks have a new business opportunity, especially relevant for companies and public administrations.
Digital Money
October 02 2023
Digital money makes its way into the payments' world.
A new form of money is emerging with the latest technological advancements. It complements cash and other current means of payment, and their coexistence provides a wider range of access to simple payment options for society.
Instant Transfers
July 12 2023
First international instant payments pilot, led by Iberpay and Swift, successfully concludes
Spanish banks CaixaBank, Banco Santander and BBVA have processed international instant payments with banks in Australia, New Zealand, Brazil and the United Kingdom. This pilot anticipates the entry into force of the EPC’s new OCT Inst scheme in November.
Request to pay
June 20 2023
Iberpay and CaixaBank launch Request to Pay in Europe
Iberpay is the first CSM (Clearing & Settlement Mechanism) in Europe to obtain the approval certificate from the European Payment Council (EPC) to process operation based on the SEPA Request-to-Pay scheme to its entities.
Request to pay
June 10 2023
Request to Pay, the instant, digital and frictionless Direct Debit
Request to Pay has great potential to transform the way in which companies and citizens make their payments in Europe and to get the most out of instant transfers.
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