Real-Time Payments System (RTP)
v-PaSSer RTP realize retail payment between customer accounts with emphasis on real-time payment & 24/7 availability, and risk-free settlement using debit cap features
Value to Customer
Value 01
Since 24/7 full available system, payment by end-user can be done anytime
Value 02
Payment providers such as Mobile network operators can be connected by Indirect account participant mechanism, so wide variety payment channel can be provided to end-user
Value 03
DTNS mechanism + Debit cap (Net debit cap & per transaction limit) features provides both liquidity saving & risk-free settlement
Value 04
Cost-efficient high performance according to expected RTP transactions volume, and complimentary behavior change by parameter setting are realized
Scope
Scope
v-PaSSer RTP scope cover entire Application development process (Requirement definition ~ Design ~ Development ~ Testing ~ Installation).
In addition, Building system infrastructure, Support to involve participant such as FI & Indirect account participant, Business/System operation training, Maintenance support and etc. can be provided optionally. Please refer to Service lineup for detail.
In addition, Building system infrastructure, Support to involve participant such as FI & Indirect account participant, Business/System operation training, Maintenance support and etc. can be provided optionally. Please refer to Service lineup for detail.
- Functionality
- Design Policy
- Security
Wide variety business use case such as Customer Credit Transfer, Direct Debit and Request to Pay
Faster processing than other functions on same system by priority control
Net debit cap and per transaction limit
By real-time participant connection status management, exclude unnecessary waiting time when disconnecting
By integrating with v-PaSSer RTGS, possible to realize the safest debit cap with Central bank money and without any interoperability costs
Rich inquiry function for reconcile, debit cap management, and also can be integrated with v-PaSSer Dashboard
Efficient Liquidity saving with Clearing (Configurable number and time)
Indirect account participant with corresponding bank contract
By integrating with v-PaSSer RTGS, possible to realize DTNS without any interoperability costs (Interoperability with other RTGS also possible)
Case Study
Contributing
to Advancement
An ASEAN Country
