URL: /baas/corex/features/sct04-instant-payment

---
title: "SCT04 - Instant Payment"
description: "Real-time payment processing capabilities for immediate fund transfers"
---

# SCT04 - Instant Payment

Real-time payment processing capabilities for immediate fund transfers with 24/7 availability.

## Overview

This capability enables your platform to process payments in real-time, providing instant confirmation and immediate fund availability for your customers.

## Features

| Feature | Description |
|---------|-------------|
| **Real-Time Processing** | Immediate transaction execution |
| **Instant Notifications** | Real-time payment confirmations |
| **24/7 Availability** | Round-the-clock payment processing |
| **Status Tracking** | Live transaction status updates |
| **Fallback Mechanisms** | Automatic retry and alternative routing |

## Payment Schemes Supported

| Scheme | Region | Settlement Time |
|--------|--------|-----------------|
| **SEPA Instant** | EU/EEA | < 10 seconds |
| **Faster Payments** | UK | < 2 hours |
| **RTP** | US | Real-time |
| **IMPS** | India | Real-time |
| **NPP** | Australia | Real-time |

## Configuration Options

| Level | Processing Time | Features |
|-------|-----------------|----------|
| **Basic** | Standard (T+1) | Batch processing |
| **Standard** | Same-day | Intraday settlement |
| **Advanced** | Real-time | Instant confirmation, 24/7 |

## Transaction Flow

```mermaid
sequenceDiagram
    participant Customer
    participant Platform
    participant Payment Network
    participant Beneficiary
    
    Customer->>Platform: Initiate Payment
    Platform->>Platform: Validate & Authorize
    Platform->>Payment Network: Submit Instant Payment
    Payment Network->>Beneficiary: Credit Funds
    Payment Network->>Platform: Confirmation
    Platform->>Customer: Instant Notification
```

## Use Cases

- **P2P Transfers**: Instant money transfers between individuals
- **Bill Payments**: Real-time bill settlements
- **Merchant Payments**: Instant payment confirmation for merchants
- **Payroll**: Same-day salary disbursements
- **Refunds**: Instant refund processing

## Integration with Other Capabilities

| Capability | Integration |
|------------|-------------|
| **SCT03 - Country of Operation** | Available payment schemes per country |
| **SCT09 - Multi-Currency** | Cross-currency instant payments |
| **SCT11 - Compliance** | Real-time fraud screening |
| **SCT12 - Financial Network** | Network connectivity for instant rails |

## Subscription Tier Availability

| Tier | Configuration Level |
|------|---------------------|
| Starter | Basic |
| Professional | Standard |
| Enterprise | Advanced |
| Custom | Configurable |