Ready for Instant Payment

What has been possible in the EU for over 5 years is now coming to Switzerland in 2024: instant payments, or the ability to process payments in real time 24 hours a day, 365 days a year.

This makes real-time transfers a reality for customers. Although payment orders can already be placed at the weekend, they are not actually executed until Monday at the earliest, during a bank's regular operating hours. With instant payment, a payment can now also be executed within just 10 seconds, regardless of the day of the week or time of day.

In order to fulfil the Instant Payment regulation, banks must ready their systems to 24/7 operation. In addition, there are further adjustments needed such as the expansion of solutions to maintain a high level of fraud prevention or the addition of a service to be able to carry out the necessary IBAN name check. Such a comprehensive adaptation of a banks infrastructure can easily become a challenge for banks if it is not thoroughly planned and executed with foresight.

Our team of experts is very familiar with all the challenges associated with instant payment and knows the requirements of financial service providers inside out.

Your contact:

Stefan Keller

Stefan Keller

Contact now

What is instant payment?

Regulatory deadlines

What banks can expect from the Confinale solution

  • Consulting
  • Solution Architecture
  • Bank specific process flows and technical diagrams
  • Implementation
    • Adapter for the integration of Avaloq and the Instant Payment Processor
    • Integration of the Confinale PayConvey to ensure 24/7/365 operation
  • Integration of user journeys and digital channels
  • Project management


Instant Payment: Unsere Lösung

PayConvey: enabling availability 24 / 7 / 365

PayConvey developed by Confinale is the centrepiece of the Instant Payment solution and ensures the availability of core bank data and bank-specific management of the available balance around the clock. The module is fully integrated into Avaloq and compliant with all regulatory requirements.

  • Integrated booking and balance engine which ensures 24x7 availability
  • Fully connected to third party solution Instant Payment Processor (IPP)
  • Abstracts the payment integration complexity from the core banking services
  • Mapping of the entire instant payment process from Instant Payment Processor (IPP) to Avaloq allowing booking management, no additional controls required in Avaloq
  • Integrated account check ensures that SIC and SEPA payments are only accepted to customers who meet all necessary criteria
  • No migration required and low production costs by reducing manual effort
  • Easy scalability to other bank-specific use cases that require uninterrupted availability

Why implement an instant payment solution with Confinale?

End-to-end offering

We offer comprehensive support from process analysis, implementation and integration through to the technical realisation of bank-specific use cases - all from a single source by our topic experts.

Availability guaranteed 24 / 7 / 365 thanks to PayConvey

Confinale's PayConvey guarantees the availability of all data from the core banking system around the clock.

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Full flexibility thanks to modular structure

The basic package already covers all regulatory requirements. Bank-specific customisations and additional modules, such as reporting or interfaces, can be developed upon request.

Fully compliant with all regulatory requirements

Our solution is 100% compliant with all regulatory requirements of both SIC and SEPA.

Future-proof and flexible

Future requirements are covered in the maintenance contract. The PayConvey module can be used for other bank-specific applications that require all-round availability, such as crypto or card payments.