Omnio’s New SEPA Instant Payments Service Brings Real-Time Speed to European Transactions

21st January 2025 – Omnio, a leading fintech innovator, is excited to announce the launch of its new SEPA Instant Payments Service, further showcasing its dedication to innovation and fostering business growth in the financial sector.

The service will enable real-time payments, allowing users to transfer funds instantly, 24/7, enhancing the speed and efficiency of financial operations. As the demand for immediate payment solutions continues to grow, Omnio is committed to providing cutting-edge technology that meets the evolving needs of its clients. The SEPA Instant Payments Service is designed to simplify the payment process, reduce transaction times, and improve overall user experience.

An Post, Ireland’s leading supplier of postal, e-commerce and financial services, are Omnio’s first client to benefit from the service. Highlighting the significance of the launch, John Rice, Financial Services Director at An Post stated, “We are thrilled to offer this powerful solution to our customers. The SEPA Instant Payments Service will enable us to provide our customers with faster and more efficient services.”

The innovative service will empower clients to receive and send payments instantly across 36 SEPA countries. It enables SEPA Credit Transfers to be processed in seconds, around the clock, with funds becoming immediately available to recipients. Payments can seamlessly flow to and from participating SEPA Instant banks located anywhere within the 36-country SEPA zone.

“The launch of this service comes at a pivotal moment when businesses and consumers are seeking faster and more reliable payment options,” said Jay Mistry, CEO of Omnio. “With our unwavering commitment to innovation and customer satisfaction, the SEPA Instant Payments Service delivers a unified access point via Omnio’s platform for executing Instant Payments. Our clients will benefit from a scalable solution that not only supports rapid global expansion but also maintains a consistent and reliable architecture.”