Benefits of SEPA Instant Payments
Instant
Instant Payments <10 secs
Availability
Available 365, 24/7 in 36 countries
Secure
Industry Standard Encryption
Fraud Detection
Automatic Fraud Detection with instant scoring
Risk Threshold
Customisable Risk Threshold
Convenience
Members can pay via app/online/in-branch to multiple accounts
SEPA Instant - Paving the way for Lights-Out Lending
SEPA Instant Payments can significantly enhance the instant loan process for Credit Union members by enabling real-time fund transfers across the eurozone.
When a loan is approved, the funds can be disbursed immediately into the member’s account, providing instant access to cash when it’s most needed. This speed and convenience not only improves the member experience, but also positions your Credit Union as a modern, responsive financial partner; key when it comes to attracting Millennial and Gen Z members and borrowers!
By leveraging SEPA Instant, Credit Unions can streamline operations, reduce processing delays, and strengthen member trust through timely financial support. The opportunities with SEPA Instant Payments are unlimited!