Remove Electronic Banking Remove Real Time Payments Remove Retail Payments
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In Hungary, Instant Payments Gain Traction

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The transfers will be done through UCPB Connect, the electronic banking service. In a statement, UCPB Vice President and Head of Marketing Group Charina Balanquit said, “The fund transfer service is geared more for retail payments, such as domestic remittances, payments to service providers, eCommerce and peer-to-peer payments.”.

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National Bank of Kuwait Rolls Out SWIFT gpi; UCPB Launches InstaPay Transfer Service

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In all, ACI noted that the global gpi community has come to encompass close to 300 banks. ACI Worldwide Head of Real-Time Payments Craig Ramsey said in the announcement, “Effectively leveraging the richer data of SWIFT gpi messages will allow NBK to further optimize the customer experience and differentiate against competitors.

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