Fast response times and maximum security of the payment system. UBI Banca launches for its over 4 million account holders a new type of SEPA transfer, which provides for execution and instant credit, in a maximum time of less than 10 seconds. The payment system, which has been active since Wednesday 10 July and operational 24 hours a day and 24 days a year, allows instant transfers of amounts up to 15 thousand euros and was created thanks to Nexi technology, leader in the digital payments market in Italy. The service is available on the Qui UBI, Qui UBI Affari, Digital Banking Imprese channels, on all the UBI Banca apps and of course also at the branches.
The so-called Instant Bank Transfer was therefore born on the Nexi platform, based on an open infrastructure and guarantees maximum security and traceability of each payment. All private, professional and business customers of UBI Banca will benefit from many advantages: simplicity, familiarity, reduction of cash and liquidity tensions, up to the optimization of working capital management.
“Innovation continues to be a priority for UBI Banca with a view to improving the services offered to customers – he commented Natascia Noveri, Marketing Manager of UBI Banca -. The new instant bank transfer will facilitate the transfer of money without waiting for the credit times of the ordinary bank transfer and making possible all those transactions that require a contextual confirmation of the payment, for example the buying and selling of used goods between private individuals rather than the release of supplies between companies. It is a confirmation of the strategy of our credit institution which aims at the evolution and improvement of the customer experience, taking advantage of secure, simple technologies, but above all useful to the public who rely on the Bank's financial services”.
“We are satisfied that UBI has chosen our platform for instant transfers – he addedRenato Martini, Digital Banking Solutions Director of Nexi -. It is an end to end solution for our Partner Banks which guarantees very fast response times (<3 sec) and a service level close to 100%, already tested on volumes of over 200 million transactions per year. It is an interoperable platform at European level and is developed in full compliance with the specifications defined by the European Payment Council. Thanks to instant payments, strong benefits are expected in terms of operational efficiency and cost savings associated with less use of cash and paper instruments".
