Raqmiyat IPP Connect
Instant Payment Platform Which is powered by the newly launched National Payment System Strategy (NPSS) by CBUAE.
National Payment Systems Strategy (NPSS), an initiative of the CBUAE. NPSS is designed to make payment systems universally interoperable and foster the transition to a cashless society built around real-time.
It is the Instant Payment Platform (IPP) that enables real-time faster payments and funds transfers around the clock (24X7), and digital payments across the UAE financial sector.
NPSS Â Solution Overview
UAEIPP Core Service
UAEIPP Overlay Service
UAEIPP Value Added Services
Instant Payment Processor
Overlay Services
Value-added Services
Credit Transfers
Direct Debits
Addressing Service
Request To Pay
Unified Portal
Pricing and Billing
Real-time Message Processor
eDDA1
eCheque2
Reporting & Analytics
AML & Fraud
Batch Message Processor
White Label APP
Case Management
Participant Mgmt.
Clearing Processor
Settlement Processor
Virtual Agent
Our IPP Connect Solution Major Modules
Customer onboarding
Liquidity Management
Account Management
Payment Management
Enquiries/Alerts
Our IPP Connect Features
Microservices and it’s cloud native
Cloud or On-premise
Provide services to extract the Data from the Bank’s Middleware
Data Format conversion as per CB UAE’s standard
Processed request will be pushed to CB UAE’s API gateway
Response from CBUAE will be pushed back to Bank’s middleware
Request and response processing will be automated by IPP Connect’s services
Real-time Alerts & Notifications to the users
Front-end application will have dashboard, Alerts, and reports
