
RT1 expands instant payment reach in Luxembourg

Total transactions processed in EBA CLEARING payment services in 2020:
15.472
billionAll-time record of transactions processed in all services in December 2020:
1.474
billionNew all-time peak for STEP2-T and CC Transactions settled in December 2020:
1.354
billionNew record day for RT1 processing on 30 November 2020:
1.48
million transactionsHays Littlejohn, CEO, EBA CLEARING gives his View From Sibos on how the ramp-up for instant payments is evolving across Europe and how RT1 can help PSPs to connect to TIPS. We also learn about the Request to Pay infrastructure service R2P going live in November this year and how we can expect this space to develop moving forward.