Crédit Agricole Italia Banking Group Launches Instant Payments Service with SIA

Crédit Agricole Italia Banking Group has launched an instant payments service available directly from internet banking and via its mobile banking app. Backed by SIA’s digital platform, all holders of a current account at one of the banks in the Group can make and receive instant credit payments directly from their computer, smartphone or tablet using Nowbanking in the desktop, app and mobile responsive versions.

With this initiative, Crédit Agricole Italia Banking Group offers payment services that allow its business and private customers to transfer up to €15,000 per individual transaction, 24 hours a day, 365 days a year, in line with the SEPA Instant Credit Transfer scheme of the European Payments Council (EPC).

The Group’s instant payment service is managed via the SIA EasyWay platform that enables real-time exchange of transactions in a secure and protected manner with EBA Clearing’s RT1 pan-European instant payments infrastructure.