Allevo announces the successful deployment of FinTP-Instant at Garanti BBVA Romania. The solution connects the bank to the Instant Payments service hosted and operated by TransFonD and processes payments within scheme constraints.
The Instant Payments service ensures money transfer in a few seconds, the maximum amount of a payment being 10.000 RON, and 49.999,99 RON for a collection. Such a payment can be initiated 24/7/365 between customers of Instant Payments participants.