- ISXPay(R)'s SEPA Instant now certified for
- Probanx(R) features SEPA-Instant Instant Notifications (SIIN) as an alternative to cards
SEPA instant is cleared between sender and beneficiary accounts within 15 seconds of confirmed transmission.
The Probanx(R) CORE Banking platform has been enhanced to provide real time notifications via API to our customers CRM's, cashiers, trading platforms or ecommerce carts upon receipt of a SEPA instant payment into an account held with iSignthis. This further enhances the ecosystem comprising Paydentity(TM), ISXPay(R) and Probanx(R).
The SEPA-Instant Instant Notification (SIIN) is a viable alternative to card scheme payments, as it allows merchants to update payment status instantly within their system, upon receipt of funds. Typically, banking systems require reconciliation of transactions via batch updates to CRM's, cashiers, trading platforms or ecommerce carts, as opposed to cards and SIIN which provide real time notifications.
The benefits of SEPA instant include advantages over cards such as instantly cleared and settled funds versus deferred card payment settlement, no chargebacks and reduced fees for merchants.
Customer funds are held at iSignthis settlement account at the
ISO27001
The ISO27001 audit was conducted by BSI, and complements the Company's Payment Card Industry Data Security Standard (PCI DSS) Level 1 accreditation for all major card schemes which was recently recertified in
The Company's Probanx(R) core banking systems also comply with APRA CPS234, and the security and open banking requirements of the
About
By converging payments and identity, iSignthis delivers regulatory compliance to an enhanced customer due diligence standard, offering global reach to any of the world's 4.2Bn 'bank verified' card or account holders, that can be remotely on-boarded to meet the Customer Due Diligence requirements of AML regulated merchants in as little as 3 to 5 minutes. Paydentity(TM) has now onboarded and verified more than 1.5m persons to an
iSignthis Paydentity(TM) service is the trusted back office solution for regulated entities, allowing merchants to stay ahead of the regulatory curve, and focus on growing their core business. iSignthis' subsidiary, iSignthis eMoney Ltd, trades as ISXPay(R), and is an EEA authorised eMoney
ISXPay(R) is a principal member of
UAB Baltic Banking Service, a wholly owned subsidiary of
Contact:
Investor Relations
Investor Relations Director
chris.northwood@isignthis.com
+61 (0) 458 809 177
Media Enquiries
Director
mark.hawthorne@civicfinancial.com.au
+61 (0) 418 999 894
Investor Relations Europe
Dr
Friedrich Ebert Anlage 35-37
Tower 185
60327
e.reuter@dr-reuter.eu
+49 (0) 69 1532 5857
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