Banca Popolare di Sondrio instant payments service launches aimed at retail and business customers is live.
The service is powered by SIA’s “EasyWay” digital platform, directly connected to EBA Clearing’s pan-European system for instant payments, RT1.
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By GlobalDataBanca Popolare di Sondrio instant payments enable customers to make instant payments in less than 10 seconds.
The current maximum payment is €15,000 and is active 24/7, 265 days a year.
The “SIA EasyWay” digital platform used by Banca Popolare di Sondrio operates as a “hub”.
Banca Popolare di Sondrio instant payments – reducing costs
This simplifies the integration of instant payments with the internal systems of financial institutions, reducing costs and activation times.
In addition, an integrated service between Banca Popolare di Sondrio and SIA covers the entire value chain of the payment.
“We have always paid great attention to the area of payments to offer our customers exceptional services. We felt it was appropriate and necessary to propose instant payments to them”, says Milo Gusmeroli, Deputy General Director and CIO of Banca Popolare di Sondrio. “
“In creating our service, we called on the collaboration of SIA for a number of reasons. These include functional and technological know-how, as well as the guaranteed service levels. All this without forgetting to focus our attention on integration in the core operating systems in question, in addition to the so-called front-end, to improve the user experience of the customer”.
Banca Popolare di Sondrio instant payments-up and running in 3 months
Roberta Gobbi, Director of SIA’s Financial Institutions Division says: ““We are especially proud to have created instant payments for Banca Popolare di Sondrio. This supports its leadership in innovation in a sector undergoing transformation such as that of electronic payments”,
“Through our digital platform, to date still the most widely used in the Italian bank market, the banking group was able to get the new instant payments service up and running in just three months to all its private and business customers.
“This represents the beginning of a path of revitalisation undertaken by Banca Popolare di Sondrio in the payments area. SIA will support this with its technological competences, infrastructures and services”.