Payments in Real Time

Payments in Real Time became a reality in November 2012. Payments in Real Time is characterised by speed and availability, with the ability to process instant transactions 24/7 every day of the year

Payments in Real Time offers an open infrastructure that gives banks and payment institutions a system – a platform – for creating their own offerings.

Bankgirot's good reputation and central role in the Swedish payments system enables settlement in real time 24/7, every day of the year. 

The payments of tomorrow today

With Payments in Real Time Bankgirot has created a new, secure, open and independent payment system. It is a platform that creates opportunities to handle large numbers of payment flows in real time and thereby offers different ways to optimise existing and create new payment solutions that simplify business processes.

An important prerequisite for being able to offer real-time processing of payments and other transactions 24/7/365 is our central function in the Swedish payments infrastructure. For several years we have handled clearing and settlement and now we also have mandate from the Riksbank to handle 24-hour payments. This means that payments can be made even when the Riksbank is closed.

Payments in Real Time provides an infrastructure and real-time platform on which to continue building the payments of the future.

Mobile payments first out

The first services enabled by Payments in Real Time is Swish - mobile payments.  Swish is a cooperation between several banks. Read more about Getswish and the services Swish Privat, Swish Företag and Swish Handel, at the webpage