On Tuesday, 6th February 2018, the European Central Bank arranges the so-called #TIPSapp event to focus on the upcoming trends concerning instant payments. A constellation of leading companies of the payment industry will join the discussions and present their solutions.
The Paymentgroup International will present its mobile solution called iFIPS for the real-time settlement of payments. iFIPS guarantees a wide range of functionalities including the conduct of contactless payment, high security standards and a smart design focused on a logical structure to increase the user-friendliness. The application supports optical methods (QR Code) and radio technologies (Bluetooth and NFC). Thanks to the push and pull procedures, the merchant receives instant confirmation of the payment by its bank. Therefore, liquidity is directly existing on the account of the recipient and immediately available for use.
In order to provide more details and to visualise the characteristics of the solution, the Paymentgroup International will join the on-stage pitch of the #TIPSapp event.
We are looking forward to a real-time exchange of relevant information and conclusive discussions!