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Performance requirements of instant can be daunting

Tristan Blampied, Senior Product Manager at Pelican, talks about the rise of real-time payments, the challenges in meeting performance demands, the compliance requirements of instant and how off the shelf platforms can help.

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Comments: (1)

Nmutaka Chikwendu
Nmutaka Chikwendu - Standard Chartered - Lagos 16 June, 2017, 17:57Be the first to give this comment the thumbs up 0 likes

2 features that we activated before releasing InstantPay in Nigeria were name validation and instant alerts. This helped to ensure the beneficiary name was confirmed by their bank, and they received a notificaiton immediately their account was credited.

This was a major tool in growing trust in the systems and processes as well as increasing the velocity of money.