Payment Products Building new payment rails Instant is an inherent attribute of today’s connected, digital economies. Customers expect no different from their payment services. Across the world, this is catalyzing the adoption of instant payments. Designed to cater to the universal needs of the market, the Instant Payments platform orchestrates connections between payment service providers, banks, challengers and electronic money institutions to create a central real-time payment clearing and settlement infrastructure for domestic and international credit transfers. These real time payment solutions provide the ability to initiate any-to-any transfers in real-time 24/7, 365 days a year, improves transaction efficiencies and generates network effects, improves payment efficiencies and generates network effects, triggering a virtuous cycle of innovation and growth. Redtech works with central regulators and ecosystem participants for end-to-end systems design and development of scheme rules, increasing the speed of deployment and ensuring the overall efficiency of the infrastructure. Bill sharing with friends Emergency fund transfer and remittances. Salary/wage payments for temporary workers or contract employees, Instant insurance claim payouts. E-/M-commerce and in-store POS payments Emergency bill payments or rent payments. Emergency Disaster Payments Welfare Benefits. Just-in-time supplier payments, Immediate bill payments with E-invoicing. Tax Payments Redtech helps payment providers of all types and sizes to take advantage of and prepare for real-time payments. Redtech is a proven partner for Unified Payment Interface services. Redtech delivers custom apps as well as client routing capabilities to help PSPs connect to the central payments infrastructure to affect a low-risk transition to real-time payments. Participants can leverage Redtech’s expertise to enhance existing payment services as well as deploy innovative overlay services that deliver real customer value. Based on regional market trends, the use cases span a wide range of tailored offerings from money transfers to QR and NFC based payments for merchants. Instant processing of high volumes of payments 24/7, 365 days a year based on a “good funds” model. For customers it takes away the hassle of waiting for their funds to arrive. Designed with growth and flexibility in mind, Redtech Instant Payments can scale to accommodate the exponential growth volume often experienced with the introduction of real-time payments. Redtech Instant Payments is built on a resilient framework with high availability, guaranteeing continuous processing of payments 24×7, with minimal downtime. Real Time Payment Solutions
Overview
Key Capabilities
Orchestrate Broad Services Ecosystem
Person to Person Payments
Business to Person Payments
Person to Business Payments
Government to Person Payments
Business to Business Payments
Person to Government Payments
Payment of Fines. Instant Payments for Participating Institutions
Benefits to Banks
Immediacy
Scalable Platform
Highly Available Infrastructure
Connect with your payments & technology partner now!
- Home
- Company
We help you in your digital journey to address various business operations and enable growth.
Company Overview
- Products & Solutions
Empowering People, Communities & Economies with Fast, Simple, Secure Payments and Technologies.
- Partners
Professional Standards backed by our Partners.
- Support
Contact our tech professionals.