ALTO provides robust & real time fund transfer which offers an instant, 24X7, interbank electronic fund transfer service that could be accessed on multiple channels like Mobile, Internet, ATM, and SMS.
Real Time Payment is electronic payment solutions that are available 24/7/365. For transferring funds real time and 24X7X365 interbank was a major challenge faced in banking industry. With the above context in mind, ALTO conducted a pilot study on the mobile payment system to create the best solution.
They result in the real time, immediate or close-to-immediate interbank clearing of the transaction and crediting of the payee’s account with confirmation to the payer (within seconds of payment initiation).
ALTO provides robust & real time fund transfer which offers an instant, 24X7, interbank electronic fund transfer service that could be accessed on multiple channels like Mobile, Internet, ATM, and SMS.
Real time payment is an emphatic service which allow transferring of funds instantly within banks across Indonesia safely and economically. This system is defined as an instantaneous, irrevocable, continuously available system which can facilitate higher volumes of transactions at fraction of the cost for end-user.