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Online Payments

JP Morgan announces the launch of SEPA Instant Payments in Europe

Thursday 11 April 2019 | 12:46 PM CET

JP Morgan has announced it is advancing its real-time payments offering by launching SEPA Instant in Europe.

According to the group, adding SEPA Instant is another step towards offering real-time payments around the globe.

SEPA Instant aims to allow JP Morgan’s clients to make and receive a payment within seconds, for credit transfers in euro up to 15,000, with 24/7 availability and a Pan-European reach.

In addition, the group offers a single global API that clients will be able to use in order to connect with JP Morgan for multiple real-time payment systems.

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