Solution Highlights
High Availability and Performance
Montran’s IPS solution is the perfect match for the demanding requirements of 24/7 processing, always on, retail focused payment rails. Montran’s IPS provides the instant availability of funds in the beneficiary’s account, irrevocability, and the assurance of delivery.
Open Standards for Maximum Interoperability
Montran is an early adopter of open, emerging communication standards: all IPS interactions are based on the ISO20022 messaging open standard. The solution is in full compliance with many global Instant Payments Schemes including the SEPA SCTInst payment schema developed by the European Payments Council and the US TCH Real-Time Payments System.
Value-Added Services Suite
Montran’s IPS solution encompasses a number of optional Value-Added Services:
- Proxy Database
- Fraud Detection
- Compliance Enforcement
- Digital Wallet
- Mobile Payment Applications
- eCommerce Integration
The Value Added Services suite enables IPS operators to optimally roll out new products to match present and future market expectations, all from a unified and coherent IPS platform.
Comprehensive Connectivity and Open API Solutions
As part of the IPS Platform, Montran provides solutions to facilitate easy access and integration with the back-office systems of the IPS participants, including but not limited to Technical Connectivity, Open APIs and Stand-In Accounting.
Benefits
A COMPLETE, INTEROPERABLE INSTANT PAYMENTS ECOSYSTEM
Montran can provide Instant Payments operators with all the necessary modules and solutions that are needed to integrate every possible actor in the Instant Payments space: financial and non-financial institutions, corporates, payment services providers, merchants, and retail users.
A FUTURE PROOF PLATFORM
Modular and stackable components meet the system operator’s needs for performance and interconnection, allowing for flexible expansion.
EASY PARTICIPANT ONBOARDING
Participants to the Instant Payments Solution can connect using APIs built on industry standards such as HTTP and Web Services for the origination and reception of Instant Payments and confirmations. Montran can also provide the Instant Payments Portal that aids institutions in connecting their back office systems with the Central IPS, providing immediate SLA compliance and message format compatibility.
MAXIMIZE FINANCIAL INCLUSION
The Montran IPS seamlessly connects existing digital wallets, aggregators, e-commerce providers, and payment providers to maximize interoperability and promote financial inclusion.