Dion Global Solutions has launched its Real Time Payment Engine (RTPE) solution - a smarter way for instant payments. Dion’s new solution, RTPE, will allow banks to comply with the regulatory directive and also meet increasing demands of their customers. RTPE is a modular payment hub that will support processing of real time payments and will help banks to become compliant with new European regulation, PSD2, which becomes effective in 2018.
A multi-channel solution, RTPE will allow banks to connect to their customers easily via corporate banking, internet banking, mobile banking, or branch banking; allowing banks to provide better and more efficient services to their customers. The solution supports IS020022 based ‘Common Global Implementation-Market Praxis’ (CGI-MP) standard for customer connectivity.
Developed on Dion’s SEPA Gateway solution platform, RTPE’s architecture provides a 24x7 availability that supports existing SEPA workflows along with foreign currency and domestic payments as well.