Banca Popolare di Sondrio adopts InstaPay
Italy’s Banca Popolare di Sondrio, has integrated Epiphany’s InstaPay open banking solution into its app, reports Jane Connolly.
The PSD2-compliant solution enables the bank’s customers to pay directly from InstaPay’s app at the touch of a button, using QR code technology.
Thanks to NCR’s WinEPTS tech, the payment is completed through a simple interaction between the customer’s smartphone and the point-of-sale (POS) system. It will automatically generate an instant prize draw, supported by the Domec Tools loyalty platform.
“At a time when immediacy is the new standard demanded by users, digital banking solutions must enable real-time operations, adapt to market changes and different usage cases, and ensure secure and traceable transactions,” says Epiphany founder and CEO, Paolo Spadafora.
Milo Gusmeroli, CIO of Banca Popolare di Sondrio, comments: “We hope that the launch in Italy of InstaPay will contribute to the transformation of the relationship of Italians with money in the direction of ‘cashless’.”
Epiphany claims that InstaPay is a highly scalable, ready-to-use solution that reduces the risk of fraud and enables banks to introduce instant payments quickly.
