Worldline - Registration Document 2016
Business Industry andmarket overview
Immediate Payments Immediate payments (also referred to as instant or real-time payments) have incredible potential for both retail and corporate payments and the long-term impact on the payment ecosystem will be significant. Throughout the world, the number of real-time payment initiatives of one form or another is increasing. In Europe, the European Payment Council published its SEPA Instant Credit Transfer (SCT Inst) scheme rulebook and EBA Clearing, the bank-owned pan-European clearing house, recently announced it had secured the support of nearly 40
financial institutions in its efforts to build a pan-European instant payment platform. According to the 2016 World Payment Report, Immediate Payments have many advantages over cash and cheques and are thus ideally suited to replace these instruments. However, driven by mobile applications, they also have the potential to challenge the debit card. The key success factors are all within reach, in particular ubiquity, interoperability, enhanced user experience and price.
REAL-TIME PAYMENT INITIATIVESAROUNDTHEWORLD
Sweden -BIR
Norway -InstantPayments
Danemark -Realtime24/7
Finland
Poland -ELixir
UnitedKingdom -FPS
USA -NATCHA Samedayclearing
China -IBPS
Japan -Zengin
Switzerland -SIC
Turkey -TIC
SouthKorea -HOFINET
6
Taïwan -FISC
Mexico -SPEI
India -IMPS
Singapore -FAST
Nigeria -NIBSS
Brazil -SITRAF
Australia -NPP
Chili -TEF
Partialorplanned
Inoperation
Source : Capgemini/RBS-World payment report (2015)
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Worldline 2016 Registration Document
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