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Obtain easy and quick integration

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Relieve the burden of regulations

Reduce the infrastructure costs

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PagoNxt Payments expert team to serve and guidance you on the technical and business aspects

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Type of organization*:

PagoNxt Payments in #’s

1Billion

Annual payments

2.75 Million

Avg. payments per day

29

Geographies connected

16

Schemes connected

Discover our connectivity models

Direct Settling Participants

Use Case

Financial Institutions wishing to have a settlement account with the appropriate Central Bank (Target2, TIPS, etc).

Solution

We provide direct technical access through a single API to the clearing system to exchange messages as a clearing participant.

Settlement happens on the participants settlement account in the Central Bank, where our customers manage their own liquidity.

Financial
Institution

Clearing
House

Financial
Institution

Indirect clearing and settlement

Use Case

Financial Institutions not wishing to have a settlement account with the appropriate Central Bank (Target2, TIPS, etc).

Solution

We provide direct technical access through a single API to the Clearing system to exchange messages as a clearing participant. In collaboration with our partner banks, messages are exchanged in such a way that this is experienced as if they were direct participants.

Settlement happens on a settlement account held with the partner bank where our customers manage their own liquidity with the partner bank.

Financial
Institution

Partner Bank

Clearing
House

Financial
Institution

Direct clearing and indirect settling

Use Case

Financial institutions wishing to participate in SEPA Credit Transfer Instant, but not wanting to worry on the operational and IT burden of maintaining a TIPS settlement account.

Solution

Settlement happens on a settlement account held with the partner bank where our customers manage their own liquidity with the partner bank.

Financial
Institution

Clearing
House

Financial
Institution

Stettlement

PagoNxt Partner Bank