Real-Time Payments Gateway (RTPG)

A Real-Time Payments enabler; 24x7, high performance, high throughput and high availability solution that complements existing payment hubs at participating stakeholders.

The Montran Real-Time Payments Gateway Solution

Montran's solution complements the participant systems used to connect to National Payment Systems through a Real-Time Payments Service that runs alongside existing GPS system. Additionally, Montran's RTPG is designed to support retail, person to person and mobile payments.

The solution is built on top of open and modern technology, using concepts that Montran has explored to great lengths in developing the National Payment System range of products: Java Enterprise architecture and components, industry standard interconnectivity of modules and systems, with RDBMS storage and PKI based security.

Open architecture and standards greatly streamline integration with other financial systems such as Core Banking Systems, Cash Management Systems, Card Switches and Mobile Network Operators that provide e-money services.

High Throughput and Performance

The RTPG architecture allows for individual payments to be processed in Real-Time, at high TPS and with a guaranteed end to end payment processing latency of a few seconds. The delivery of the payments and confirmations between the Participants and the Central Operator is done electronically in a secured environment.

High Availability

Montran used the experience gained over more than 20 years of providing fault tolerant National and Commercial Bank Payment Systems when designing the availability aspect of the Real-Time Payments Gateway Solution.

High availability is achieved by building redundancy into the solution at every layer, including but not limited to hardware, the solution environment, software modules redundancy, and clustering facilities.

Real-Time Payments Integration for the Commercial Banks

Montran's RTPG Solution provides the Real-Time, high availability connectivity between the Central RTP System and Commercial Banks' back office systems.

The RTPG makes no use of middleware queueing mechanisms, therefore guaranteeing low processing latency.

Online payment channels such as Internet Banking or Mobile Banking can easily participate with the Real-Time Payments System by using interconnection APIs built on industry standards such as HTTP and Web Services to originate and receive Real-Time payments and confirmations.

  • Features
  • Modules
  • Security

Features of the Montran RTPG

  • Modular and stackable components to meet the system operators needs for performance and interconnection capabilities, allowing for flexibility in growth and expansion
  • Real-Time processing with guaranteed latency of individual payments between Participant Core Banking or Cash Management system and the Central Real-Time Payments System
  • Configurable behavior: Core Banking Stand In, Pass Through, and others
  • Synchronous and asynchronous Real-Time Payments support
  • Domestic and Cross Border payments
  • Standardized payment message formats
  • A multi-currency and multi-lingual system
  • Browser based interaction
  • Real-Time monitoring of the payment flows
  • Feature rich, intuitive and easy to use Graphical User Interface
  • Operational reliability with backup and contingency arrangements

RTPG Core Modules

  • RTPG Engine - The high capacity, high availability, guaranteed payments latency processing engine that receives, validates and relayes the payments between the Central RTP and the Bank Back Office systems.
  • RTPG Interactive Services - Online enquiry and management access to the web interface of the Montran RTPG Solution via a standard Internet browser, a VPN connection to the central system and a cryptography kit. This module can be installed as a dedicated module or it can be fully integrated with other solutions such as Montran GPS or Montran GPS Gateway.

Security

  • System security based on PKI with smart card or e-Token access
  • Enforces digital signature of payments between the Participants and RTP Central system, to ensure integrity, authenticity and non-repudiation
  • Communications between the RTP and other systems are encrypted using SSL
  • System access credentials include digital certificates that are stored on Smartcards/e-Tokens

Architecture
  • Server application components written in Java and running in an enterprise environment, Java EE 6.0 application server
  • Interoperability through the use of standardized Java API (JDBC, JMS, JTA, JCA), Interface adapters, and SOA integration platform supporting Java™, including: Windows, UNIX, Linux, AIX
  • A modern, rich, easy to use browser based "thin client" user interface