Inside SSI | Trends | 2
Inside SSI | Trends week | 2 Real‑time cross‑border experiments ⚡ ⏱️ gpi Instant connects gpi with domestic instant payment systems, allowing seconds‑level...
Inside SSI | Trends week | 2
Real‑time cross‑border experiments ⚡
* ⏱️ gpi Instant connects gpi with domestic instant payment systems, allowing seconds‑level settlement on participating routes.
* 🌐 UPI-PayNow & PromptPay-PayNow: retail customers in India ↔ Singapore and Thailand ↔ Singapore already send money in under a minute via linked QR codes and proxies.
* 🚀 Beyond Asia: Europe's TIPS and the U.S. Fed are piloting interoperability to move funds across currencies without traditional correspondent hops.
* 🧪 PAPSS & other pilots: the Pan‑African Payment and Settlement System is live in 10+ central banks, clearing local currencies; but corporate payments and large values are still being tested.
Why it matters: Instant cross‑border isn't hypothetical anymore - gpi Instant and regional pilots prove it's possible. The challenge is scaling up for high‑value B2B flows while balancing liquidity and FX.
👉 React: ⏱️ "I need this yesterday" or 💸 "Fix FX spreads first".
Topics: ISO 20022, SSI, Payments, SWIFT, Tokenization