Instant payments service types of users – companies:
- Companies which provide Instant payments to the end-users, by integrating the service in their customers platforms (virtual shops, retailers, utility companies etc.);
- Companies of any type which use Instant payments to initiate new payments and collect the countervalue of own invoices, including in relation with other businesses;
For businesses who implement”Instant payments” (traditional merchants, online shops, any other type of business) the main benefits are:
- Immediate collection of the money in the account (bank to bank transfers only takes a few seconds);
- Better management of the financial liquidity;
- Maximum availability – Instant payments is available 24 hours a day, 7 days a week, 365 days a year,
- Serious option to launch new loyalty/promotion programs of own services and products, based on the stimulation of their own customers to pay via Instant payments;
- Safety & Security – the operator of the Instant Payments is TRANSFOND, the institution responsible with conducting interbank electronic clearing and settlement in Romania since 2005;
- Decrease of expenses with other types of charges/payments.
- Urgent customers collection (individual customers and companies);
- Payments to suppliers, processing of electronic invoices with immediate payment etc.
- Payment of temporary employees’ remuneration, urgent payroll, benefits payment, urgent payments for B2C (i.e. disaster relief/aid) etc.
- Tax payments and reimbursements to authorities.
Companies
Instant payments service types of users – companies:
- Companies which provide Instant payments to the end-users, by integrating the service in their customers platforms (virtual shops, retailers, utility companies etc.);
- Companies of any type which use Instant payments to initiate new payments and collect the countervalue of own invoices, including in relation with other businesses;
Benefits for companies
For businesses who implement”Instant payments” (traditional merchants, online shops, any other type of business) the main benefits are:
- Immediate collection of the money in the account (bank to bank transfers only takes a few seconds);
- Better management of the financial liquidity;
- Maximum availability – Instant payments is available 24 hours a day, 7 days a week, 365 days a year,
- Serious option to launch new loyalty/promotion programs of own services and products, based on the stimulation of their own customers to pay via Instant payments;
- Safety & Security – the operator of the Instant Payments is TRANSFOND, the institution responsible with conducting interbank electronic clearing and settlement in Romania since 2005;
- Decrease of expenses with other types of charges/payments.
When can a company use Instant Payments?
- Urgent customers collection (individual customers and companies);
- Payments to suppliers, processing of electronic invoices with immediate payment etc.
- Payment of temporary employees’ remuneration, urgent payroll, benefits payment, urgent payments for B2C (i.e. disaster relief/aid) etc.
