SWIFT for low-value payment market infrastructures
Balancing cost, efficiency and risks are the key priorities for payment market infrastructures.
SWIFT meets your requirements with a reliable, secure and reusable messaging infrastructure supporting international and proprietary standards.
In the context of the Single Euro Payments Area (SEPA), SWIFT’s FileAct messaging service is a competitive and interoperable platform to exchange low-value payments.
The adoption of the SWIFTNet infrastructure at large and medium banks for connecting to high-value payment market infrastructures is enabling us to offer solutions in the low-value payment market. We are extending the scope of our solutions to provide low-value payment market infrastructures with the building blocks of superior customer servicing. We will also increase the reach to small financial institutions and enhance our offering to enter the cheque and card business.
In the low-value payment space, SWIFT offers the Bulk Payments solution, which provides a harmonised platform to transfer bulk payments across national and regional communities. Bulk Payments harmonises the way customers use FileAct to decrease development costs and facilitate interoperability between payments systems.
What can I do with my SWIFT connection?
How can I connect to — and make the most of — SWIFT?
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