ACI Worldwide has added support for the European Payments Council (EPC) SEPA Instant rulebook to allow payment service providers connect to any domestic or pan-European EPC-based instant payments scheme.

ACI Worldwide is supporting EPC within its Universal Payments (UP) solutions portfolio, including UP Immediate Payments and UP Real-Time Payments.

The US-based payment systems company offers a multi-scheme solution based on standard European SEPA Inst gateway to financial institutions and PSPs which can be modified to suit the requirements of any domestic or pan-European instant scheme.

The gateway can support the connectivity and functional requirements of any real time clearing and settlement mechanism.

It can also support other non-Euro-based schemes in development in nations such as Hungary, Slovakia and Romania.

ACI Worldwide director solution consulting immediate payments Barry Kislingbury said: “ACI’s standard European SEPA Inst gateway offers the utmost flexibility for our customers as the implementation will not be dependent on the availability of an individual instant scheme.

“Our approach offers payment service providers the opportunity to real time enable their payments platform now—and to add connectivity to any instant scheme as they become available.

“We not only provide our customers with a technical solution, but also payment processing functionality, guidance on compliance, fraud, scheme rules, testing and certification, as well as support throughout the complex on-boarding process.”