Modern instant payments infrastructure for financial institutions
Gain access to TCH’s RTP® network, FedNow® Service, and Visa Direct payment rails and deliver modern money movement experiences to your customers
The consumer payments value proposition is shifting from traditional payments to real-time payments. The customer expectations around speed, convenience, and security of payments are increasing, and FIs must either deliver on real-time or risk damaging both their revenues and reputation. Legacy payment technology at financial institutions is simply not capable of meeting the market demands of modern real time payments across B2B, B2C and C2C.
Orbipay Instant payments enables you to gain access to instant payment rails such as TCH’s RTP® network, FedNow® Service, and Visa Direct with pricing models that scale with you. It helps you deliver modern money movement experiences, maintain PFR status, reduce risk of deposit displacement and customer churn.
Customers today expect financial institutions to deliver the same kind of experiences and services they routinely receive from companies on the leading edge of digital innovation. The pandemic has hastened the evolution of customer expectations, and FIs need to rapidly deliver new digital experiences, or face loss of customers to competitors.
Key features
Real-Time Payments
Access real-time payments via TCH's RTP® network, FedNow® Service, or Visa Direct and deliver innovative money movement experiences to your customers.
Cloud-Native, Built for Scale
Built on leading cloud services including Amazon Web Services, Orbipay Instant Payments provides you with security and scalability that’s always available. Our cloud-native architecture is built for speed, responsiveness, and reliability and provides you with a strong foundation for innovation.
Open APIs, Microservices-Based Architecture
Orbipay's Open APIs and microservices based architecture allow you to fine tune your payment services to meet ever changing customer needs and regulatory requirements.
Integrated Fraud and Risk Management
Real-time fraud monitoring and detection including transaction screening against OFAC lists, negative / bad accounts, transaction limits, velocity rules, etc., enables you to manage risk and maintain regulatory compliance.
Intelligent Payment Routing
Provides you with flexible options tailored to your needs and payment scenarios.
Ease of Integration
Orbipay's flexible framework delivers simple and fast integration with core banking, digital banking, fraud and risk management and other internal systems.
ISO 20022 Native Services
Employs data and message models based on ISO 20022 standards helping you drive payments modernization and innovation, greater levels of automation and global messaging consistency.
Built-In Security
Built-in advanced security features to ensure data and privacy protection.
Reporting and Analytics
Comprehensive, in-depth reporting and analytics for unparalleled insight into payment operations.
Benefits
Unified Payment Processing and Settlement
Consolidate payment processing, orchestration, and settlement for all payment types through a single system. Centralized processing helps to lower processing costs and improve operational efficiencies.
Fast Time to Market
Deliver on customer expectations for convenient real-time payment experiences. Gain access to the TCH's RTP® network, FedNow® Service, and Visa Direct payment rails with pricing models that scale with you, eliminating the need for large upfront investments.
Future-Proof Your Payments Infrastructure
Drive payments modernization and data-driven innovation powered by ISO 20022-based messaging standards that supports seamless interoperability between payment schemes, including TCH's RTP® network and FedNow® Service.
Agile Cloud-based Platform
Built from the ground up, and optimized for cloud scale and performance. Open APIs and microservices based architecture provides limitless possibilities to create differentiated faster payments products and experiences.
Case Study
Veridian Credit Union
245%
Growth in RTP transactions
263%
Growth in RTP send
11
weeks – Time to deployment of solution
