BRCI partners with ASEE to implement instant payment technology

Romanian Credit and Investment Bank (BRCI) has partnered with ASEE to bring cutting-edge instant payment technology to its customers. With this collaboration, BRCI becomes the 13th bank in Romania to join Transfond’s Instant Payments scheme, a move that promises to transform the banking experience for its clients. This is a significant development in Romania’s banking sector.

Starting in June, BRCI customers are able to enjoy the benefits of instant payments, ensuring that transactions are completed in less than ten seconds—anytime, anywhere. Whether through mobile or internet banking platforms, these swift and seamless transactions mark a significant leap forward in convenience and efficiency for the bank’s customers.

What does instant payment mean for BRCI customers?

With the implementation of the Absolut Instant Payments module, BRCI customers can now make payments in real-time, 24/7. Gone are the days of waiting for transactions to clear or worrying about bank cut-off times. This technology allows for payments to be processed in under 10 seconds, providing immediate access to funds. Whether it’s paying bills, transferring money to friends, or making purchases, customers can now do so in the blink of an eye.

This instant payment capability is not just a convenience; it reflects the growing demand for faster, more reliable banking solutions in a world where time is of the essence. ASEE’s technology ensures that BRCI is at the forefront of this shift, offering services that meet the modern consumer’s expectations for speed and efficiency.

Reinforcing ASEE’s role in Romania’s digital transformation

The partnership with BRCI is more than just a technical integration—it is a testament to ASEE’s commitment to driving digital transformation within Romania’s banking sector. Alina Enache, Sales Manager of ASEE’s Banking Business Unit, shared her excitement about this collaboration, saying:

“The partnership with BRCI not only showcases our technological expertise but also reinforces our position on the local market. We are proud to contribute to the digital transformation of Romania’s banking sector by expanding and solidifying our presence in the instant payment solutions market.”

As Alina highlights, this partnership underscores ASEE’s leadership in delivering innovative solutions that help banks stay competitive in an increasingly digital world. By enabling instant payments, ASEE is contributing to a broader movement within Romania towards more agile, customer-centric banking services.

Growing adoption of instant payments in Romania

BRCI’s adoption of instant payments marks a significant milestone, as it becomes the 13th bank in Romania to join Transfond’s Instant Payments scheme. This widespread adoption reflects the rapidly growing demand for real-time payment solutions across the country. As more banks integrate this technology, customers can expect a more unified, faster banking experience, regardless of their financial institution.

The success of instant payments in Romania is also indicative of a global trend towards faster, more secure transactions. Financial institutions that embrace this shift stand to gain a competitive edge, providing their customers with services that align with modern expectations for speed, security, and convenience.

Future of seamless banking transactions

Partnership between BRCI and ASEE represents the future of banking: fast, secure, and customer-focused. As instant payment technology becomes a new standard, banks that adopt these solutions will not only enhance their customers’ experience but also position themselves as leaders in the industry.

This collaboration with BRCI further solidifies ASEE’s role in shaping the future of digital payments in Romania, supporting the banking sector’s ongoing efforts to innovate and improve. With ASEE’s expertise and BRCI’s commitment to excellence, customers can now enjoy the benefits of seamless, real-time payments that make managing their finances easier than ever before.

Conclusion

BRCI’s implementation of Absolut Instant Payments is a pivotal moment in Romania’s banking landscape. Thanks to ASEE’s innovative technology, BRCI customers now have access to instant, secure, and reliable transactions anytime they need them. As the digital transformation of Romania’s banking sector continues, partnerships like this one will play a critical role in shaping the future of finance.

Here’s to a new era of seamless banking transactions, faster payments, and a brighter financial future for all!

ASEE

Published On: September 19th, 20243.4 min read

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