Montran Expands Support for Instant SEPA Payments Across Europe
In a significant development for the financial services industry, Montran Corporation, a prominent global provider specializing in payment system infrastructure, has announced the expansion of its support services for SEPA (Single Euro Payments Area) instant payments across Europe. This strategic move aims to assist commercial banks in navigating the evolving regulatory landscape, which mandates that eurozone banks be prepared to send and receive instant SEPA payments starting in October 2025. For banks in European Union countries outside the eurozone, the deadline is set for July 2027. This framework serves as a catalyst for Montran's commitment to expand its consulting and communication services, previously tailored to individual markets, now extending its expertise to financial institutions across the continent.
Montran's international sales director, Keith Esca, emphasized the importance of instant payments, stating, "Instant payments are becoming the new standard across all EU countries. We are now making our implementation services and proven network solutions available to a greater number of banks, helping them confidently meet regulatory deadlines." This expansion is poised to simplify the complexities that come with implementing instant payment systems, thereby expediting the readiness of financial institutions to comply with the imminent regulations.
Montran's consulting teams are equipped to support banks in fulfilling SEPA instant payments requirements. They provide comprehensive guidance that encompasses every stage of the project, from defining project scope to its execution. The offered services include:
With vast experience from aiding more than 30 banks in launching instant payment projects, Montran's consulting services are engineered to reduce project complexity and hasten the pathway to compliance.
Furthermore, Montran is broadening the reach of its Payments Gateway solution—a scalable offering that integrates seamlessly with centralized infrastructures currently utilized by banks. This solution allows direct connectivity to systems such as TIPS (Target Instant Payment Settlement), EBA RT1 (European Banking Authority real-time payment system), as well as national instant payment systems like Romania's SENT CPI. Key features of this solution include:
Montran's solution is available for local deployment and is backed by both local and international working groups, ensuring comprehensive support for banks adapting to these new systems.
Montran has established itself as a leading provider of payment infrastructure and capital market solutions, serving major financial institutions worldwide and operating in more than 90 countries. Its commitment to supporting banks in their transformation towards instant payments underscores its strategic vision in the evolving landscape of financial services. For further information, please visit www.montran.com.
Montran's international sales director, Keith Esca, emphasized the importance of instant payments, stating, "Instant payments are becoming the new standard across all EU countries. We are now making our implementation services and proven network solutions available to a greater number of banks, helping them confidently meet regulatory deadlines." This expansion is poised to simplify the complexities that come with implementing instant payment systems, thereby expediting the readiness of financial institutions to comply with the imminent regulations.
Expanded Consulting Services
Montran's consulting teams are equipped to support banks in fulfilling SEPA instant payments requirements. They provide comprehensive guidance that encompasses every stage of the project, from defining project scope to its execution. The offered services include:
- - Clarification of SEPA instant payments documentation;
- - Analysis of messaging flows and business rules;
- - Workshops and internal training;
- - Assistance with internal testing documentation;
- - Ongoing support for project working groups.
With vast experience from aiding more than 30 banks in launching instant payment projects, Montran's consulting services are engineered to reduce project complexity and hasten the pathway to compliance.
Broader Deployment of Network Solutions
Furthermore, Montran is broadening the reach of its Payments Gateway solution—a scalable offering that integrates seamlessly with centralized infrastructures currently utilized by banks. This solution allows direct connectivity to systems such as TIPS (Target Instant Payment Settlement), EBA RT1 (European Banking Authority real-time payment system), as well as national instant payment systems like Romania's SENT CPI. Key features of this solution include:
- - Support for instant payments in both euro and local currencies;
- - Real-time monitoring and management dashboards;
- - Capability for processing high transaction volumes (up to 10 million per day);
- - Flexible integration with existing core and digital banking systems.
Montran's solution is available for local deployment and is backed by both local and international working groups, ensuring comprehensive support for banks adapting to these new systems.
About Montran
Montran has established itself as a leading provider of payment infrastructure and capital market solutions, serving major financial institutions worldwide and operating in more than 90 countries. Its commitment to supporting banks in their transformation towards instant payments underscores its strategic vision in the evolving landscape of financial services. For further information, please visit www.montran.com.
Topics Financial Services & Investing）
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