Advancing the retail payments market by offering instant payments settlement services in central bank money The provision of innovative retail payment solutions does not depend only on the payment service providers, but also on the availability of a safe and efficient underlying market infrastructure that can process instant payments across Europe.
Payment service providers should have the choice to either clear their instant payments through ACHs or use a settlement service for instant payments. With regard to the clearing of instant payments, the Eurosystem supports industry efforts to establish interoperability between ACHs.