URL: /baas/api/capabilities/sct04-instant-payment

---
title: "SCT04 - Instant Payment"
description: "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

```bash
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:**
```json
{
  "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

```bash
GET /api/v1/transfers/{transfer_id}
Authorization: Bearer {access_token}
```

**Response:**
```json
{
  "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

```json
{
  "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

<Card title="Transfer APIs" icon="paper-plane" href="/baas/api/reference/financial-operations/transfers">
  View detailed transfer API specifications
</Card>

## Subscription Tier Availability

| Tier | Configuration Level |
|------|---------------------|
| Starter | Basic |
| Professional | Standard |
| Enterprise | Advanced |
| Custom | Configurable |