With Instant Payments, a transfer amount can be credited to the recipient’s account within ten seconds. The app was developed for iOS.
The different accounts are visualized as cards, between which you can switch via swipe. Acount data can be viewed with a tap on the account card.
Below the cards the main functions are displayed: Send Money, Request Money and Scan QR-Code. With Send Money the user creates a new instant payment. With Request Money receivables can be filled out and then shared via share function. The receivable can thus be paid quickly and easily by another app user.
Sharing the data works just as easy by generating a QR code, which can be scanned by the app. Payment at POS is therefore possible as well.
The outstanding thing about the app is at first that the new European standard for instant payments, which was developed under the auspieces of the ECB on the basis of the SEPA credit transfer procedure and adopted in November 2017, provides instant payment in under ten seconds.
Secondly the transfer is made very simple because datasharing is that convenient and easy. A whole new user experience results.