Consumer & Commercial Payments
May 30, 2025
2025 has been a breakout year for iFAST’s fintech banking business, with a host of product launches. The latest of which is our SEPA Pay-out capability, which will be launched into production at the end of May 2025.
Customers holding client money, safeguarding, and operational EUR accounts will now be able to pay out locally across most SEPA zone countries, with near-instant payouts to local SEPA-reachable accounts across Europe.
This is in addition to our existing indirect EUR Clearing and Target2 SWIFT services, which support clients with EUR payment needs worldwide.
Clients will now be able to leverage iFAST for EUR and SEPA payouts on behalf of your clients, while also benefiting from enhanced yields on EUR Balances—leveraging iFAST GBs Safeguarding Savings Accounts.
The Payments Association
St Clement’s House
27 Clements Lane
London EC4N 7AE
© Copyright 2024 The Payments Association. All Rights Reserved. The Payments Association is the trading name of Emerging Payments Ventures Limited.
Emerging Ventures Limited t/a The Payments Association; Registered in England and Wales, Company Number 06672728; VAT no. 938829859; Registered office address St. Clement’s House, 27 Clements Lane, London, England, EC4N 7AE.
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