Nets is a provider of real-time payment systems in multiple European countries. It launched its RealTime24/7 instant payment system in Denmark in 2013, which then saw rapid uptake and became the basis for mobile P2P payment platforms. Since then, Nets has partnered with financial institutions and providers in other countries like Italy, Hungary, Norway, and Slovenia to implement instant payment infrastructures. Instant payments provide benefits like removing friction from transactions and allowing new use cases and opportunities for person-to-person, person-to-business, and business-to-business payments. They also have the potential to reduce transaction costs and increase customer experience compared to traditional batch processing systems.

1. What are the business benefits and values of instant
payment? How can we monetize instant payment
SVP Payments International at Nets
Paul Francis Walvik-Joynt

2. 2
Denmark
Hungary
Norway
Italy
Slovenia
Nets – a proven provider
of Real Time Payments
2013 20152014 2016
RealTime24/7
project is
launched
The Danish
RealTime24/7
instant payment
system goes live
RealTime24/7
experiences the
fastest global
market uptake of
any instant
payment system
RealTime24/7
took off as an
infrastructure
basis for the
mobile
platforms
known as P2P
payments
Bankart and
Nets A/S sign an
agreement, for
Nets to deploy
& operate RTP
solutions in
Slovenia
Launch of
instant
payments in
Italy
Italian ICBPI
(now NEXI) and
Nets agree to
cooperate and
establish an
instant
payment
solution in Italy
Nets & GIRO,
a Hungarian
service
provider to
financial
institutions,
agree to
deliver instant
payments
infrastructure
in Hungary
Nets and the
Norwegian
financial sector
agree to establish
an ISO20022
based Instant
Payment manage
service solution
Production June
‘19
2017 2018 2019

4. Source: https://dionhinchcliffe.com/2006/09/04/all-we-got-was-web-1-0-when-tim-berners-lee-actually-gave-us-web-2-0/

5. Source: Paul Walvik-Joynt @pauljoynt
• Payments 1.0
• Next day or next
hour
• Closed eco system
• Standards based
• Regulatory push
• Payments 2.0
• Instant
• Open eco system
• Standards based
• Regulatory push

6. Source: EU commision DESI index

7. According to the WorldPay Global Payment
Report, 2017, over half of all online
transactions will be made using alternative
payment methods by 2021.
Instant payments, benefits of removing the friction
Source: Payments Journal

8. The Integration of technology
Business software for
electronic information
sharing
26% (2013) -34% (2017)*
Sending electronic invoices
10% (2013) -38% (2017)*
Social media to engage
15% (2013) -21% (2017)*
Source: * ECB, **EPC, ***Accenture Financial services consumer study
The opportunity and value in Data
The value of Europes’s
data economy €700 billion
by 2020, representing 4%
of the EU economy **
6 billion devices will be
conected in Europe by
2020 (20 billion
worldwide) **
60 % of consumers willing
to share data to receive
competitive or lower
prices ***

9. To cash or not to cash

10. The economic and social cost of cash
Cash costs represent half
of total retail payment
social costs *
Social costs for retail
payments 1% of GDP on
average in EU. 120 Billion
Euros*
European countries
Annual cost of cash
increase 30% 2002 -2012*
Source: *ECB,**Ovum
The benefits and value of Instant Payments
Transaction growth on
instant payments outpaces
organic growth.*
Social costs for retail
payments 0,5% of GDP on
average in highly digitized
regions*
65% of Merchants
interested in accepting
Instant payments, 78% to
boost cust experience**

11. «The real megatrend in financial services is not
about Fintech nor Blockchain but around the transition from
batch processing to real-time processing. Much of the banking
world is built on batch processing but everywhere we look there
is a transition to real time» Tony McLaughlin Managing Director
Emerging payments Citi
Spot the trend
Deliver the service
«Banks need to deliver responsible, instant lending through
standard APIs to E-commerce platforms.
» Tony McLaughlin Managing Director Emerging payments Citi
https://www.citibank.com/tts/insights/articles/article36.html
Source: Citibank.com

12. • P2P
• Instant
• Bill split
• Emergency funds
• P2B
• Bill pay
• Pay at Place of Interaction
• E-commerce
• P2G
• Taxes
• Pensions benefits
• Grants
• B2P
• Payroll
• Claims
• Settlements
• B2B
• Shipment upon payment
• Just in time supplier payment
• Overdraft
The opportunities of value for Instant Payments

13. How to monetize on Instant payments
Collaborate
Find your eco system Avoid the Silo
Go Solo

14. @pauljoynt /in/pauljoynt
Instant Payments on RealTime24/7