SCT04 - Instant Payment
Real-time payment processing capabilities for immediate fund transfers via API
SCT04 - Instant Payment
Real-time payment processing capabilities for immediate fund transfers with 24/7 availability through the API.
Overview
This capability enables your platform to process payments in real-time via API, providing instant confirmation and immediate fund availability for your customers.
Features
| Feature | Description |
|---|---|
| Real-Time Processing | Immediate transaction execution |
| Instant Notifications | Real-time payment confirmations via webhooks |
| 24/7 Availability | Round-the-clock payment processing |
| Status Tracking | Live transaction status updates |
| Fallback Mechanisms | Automatic retry and alternative routing |
Configuration Options
| Level | Processing Time | Features |
|---|---|---|
| Basic | Standard (T+1) | Batch processing |
| Standard | Same-day | Intraday settlement |
| Advanced | Real-time | Instant confirmation, 24/7 |
API Usage
Initiate Instant Transfer
POST /api/v1/transfers
Content-Type: application/json
Authorization: Bearer {access_token}
{
"source_account_id": "acc_123456",
"destination": {
"type": "IBAN",
"iban": "DE89370400440532013000",
"name": "John Doe"
},
"amount": 250.00,
"currency": "EUR",
"payment_type": "INSTANT",
"reference": "Invoice #12345"
}Response:
{
"transfer_id": "txn_abc789",
"status": "COMPLETED",
"amount": 250.00,
"currency": "EUR",
"payment_type": "INSTANT",
"executed_at": "2024-01-15T10:30:00Z",
"settlement_time": "INSTANT"
}Get Transfer Status
GET /api/v1/transfers/{transfer_id}
Authorization: Bearer {access_token}Response:
{
"transfer_id": "txn_abc789",
"status": "COMPLETED",
"status_history": [
{"status": "INITIATED", "timestamp": "2024-01-15T10:29:58Z"},
{"status": "PROCESSING", "timestamp": "2024-01-15T10:29:59Z"},
{"status": "COMPLETED", "timestamp": "2024-01-15T10:30:00Z"}
]
}Webhook Notifications
{
"event": "transfer.completed",
"transfer_id": "txn_abc789",
"status": "COMPLETED",
"amount": 250.00,
"currency": "EUR",
"timestamp": "2024-01-15T10:30:00Z"
}Payment Schemes Supported
| Scheme | Region | Settlement Time |
|---|---|---|
| SEPA Instant | EU/EEA | < 10 seconds |
| Faster Payments | UK | < 2 hours |
| SWIFT gpi | Global | Same-day |
Integration with Other Capabilities
| Capability | Integration |
|---|---|
| SCT03 - Country | Available payment schemes per country |
| SCT09 - Multi-Currency | Cross-currency instant payments |
| SCT11 - Compliance | Real-time fraud screening |
| SCT12 - Financial Network | Network connectivity |
Related API Reference
Transfer APIs
View detailed transfer API specifications
Subscription Tier Availability
| Tier | Configuration Level |
|---|---|
| Starter | Basic |
| Professional | Standard |
| Enterprise | Advanced |
| Custom | Configurable |