Instant payments are the next major step in the evolution of payments
The challenge
For corporates the initiation and execution of real-time transactions, as well as the possibility to receive immediate feedback on the status of execution of payments becomes more and more an essential part of modern business processes. The challenge to serve these needs can be addressed through instant payments.
The solutions
Deutsche Bank offers instant payments as a service, so the recipients of your payments will have the funds available within seconds and you can obtain an immediate confirmation on payment executions. Currently we support instant payments in nine locations around the world and are continuously extending our footprint and capabilities. For example, by combining instant payments with application processing interface (API) technology we can offer new interactive opportunities to seamlessly integrate payments into your business and treasury processes.
The benefits
- Payments all day and every day - 24/7/365
- Confirmation about outgoing/incoming transactions
- Instant availability of funds
- Direct payment entry on destination account
- Minimise risks associated with outstanding payments
- Accelerate business processes
- Improved working capital
- Potential cost reductions through reduced interchange fees for credit cards