Allevo – Instant Payments solution for banks

Entered in: Business Banking

A casual transfer between mom and daughter for the purpose of buying a gift for the grandson turned out to be one great example of how Instant Payments save the day. Two different banks in Romania, a transfer happening on a Friday evening, while both the sender and the receiver were having a casual conversation over the phone. The money was there in the blink of an eye. Both banks Allevo customers, both banks participants to the Instant Payments service provided by the local clearing house. Both using Allevo FinTP. And that is why Allevo builds software that enables banks to do such wonders, unthinkable 20 years ago.

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