The European Central Bank arranged the #TIPSapp event on February 6, 2018, which focused on instant payments and demonstrated the current development through a successful exchange of many industry representatives.
As part of the #TIPSapp Challenge, Paymentgroup International, as one of the leading companies in the payments industry, presented its innovative solution iFIPS. The audience was able to follow the functionalities of the solution and how the interface will enable its users to process real-time payments quickly and above all without complications. Above all, iFIPS and the underlying Instant Payment Framework ensure the highest level of security and are characterized not only by a structured setup but also by the implemented push procedure, indexed confirmations of the payment credits that have been made. Many interesting conversations and a lively exchange had our colleagues on the exhibition space in the ECB.
We are therefore pleased to have been part of the successful #TIPSapp event and would like to continue to promote payment solutions through progressive developments, transparent presentations and mutual communication.