The developments in the world of FinTechs are decidedly more exciting than traditional online banking. Still, at the heart of the payments world there are mass payments – and mastering them is the ultimate challenge. With mass payments, on each single business day orders amounting to several billion euros are executed. That sheer dimension alone puts particular importance on these mass payments.

Customers that use mass payments expect that they can execute their transactions with modern online banking systems that meet all their requirements. Many users are content with the standard features such as an overview of their account statements and the execution of SEPA payments. Others, however, expect much more sophisticated options like online brokerage and more. With SEPA instant payments, there is now a possibility for real-time credit transfers that covers the constantly increasing demand for fast financial transactions in the age of Web 4.0. 2021 will also see the launch of Request to Pay (RTP), a standard that bridges the gap between invoicing and payment and makes digital payment processes without media discontinuity a reality. Alone or in combination, they make completely new approaches in the payments sector possible.

Whether occasional or professional user – all customer groups have the same high demands on functionality, security, data quality and transaction processing. Thus, solutions beyond the desktop application are now also indispensable. Customers are mobile and want to access their accounts and execute their orders at any time and from any location. As a provider you meet these requirements with the respective software, special portals or banking apps.

Thanks to our consultants’ expertise in this sector, you can be sure to make the right decisions. Please do not hesitate to contact us for more information.