Brite Instant Payments Network

The Brite IPN (Instant Payment Network) is our proprietary, next-generation technology platform. It is the core engine that leverages the connectivity of Open Banking to process Account-to-Account (A2A) payments and payouts in real-time across 27 European markets. It is purpose-built to ensure instant processing, smart reconciliation, and full control over the flow of funds.

We built the IPN to address the limitations of existing instant payment schemes (like SEPA Instant) and the fragmented nature of real-time payments in Europe. A proprietary network is better because it ensures:

Control: We take full receipt of funds, optimising for instant settlement and reconciliation.

Speed: Smart routing optimises every payment for maximum speed, regardless of the local bank infrastructure.

Completeness: It enables a true out-of-the-box solution, including Merchant FX and instant payouts, all within a single unified system.

24/7/365 clearing means funds are processed and settled instantly, regardless of the day or time. This is a fundamental advantage over traditional bank clearing cycles, which halt processing on weekends and bank holidays. For your business, it means:

Instant Access to Funds: Your cash flow improves instantly.

Reduced Risk: Payments are settled and irrevocable in seconds, reducing the risk of unsettled credit deposits.

Open Banking (mandated by PSD2) is the framework and the technology (the secure bank APIs) that makes the transfer possible. The Brite IPN is the execution layer. The IPN acts as the specialised engine that utilises those Open Banking APIs to manage, route, process, and reconcile the payments 24/7/365, ensuring consistency and speed that simple API initiation alone cannot guarantee.

A proprietary network like the Brite IPN is better because it ensures control and maximises performance in ways that simple aggregators cannot. Unlike standard PIS providers that rely entirely on the fragmented banking infrastructure for settlement, Brite takes full receipt of incoming funds and manages the entire payment and payout lifecycle. This control allows us to deliver:

Optimised Instant Settlement: Funds are settled instantly on your behalf, providing immediate access to cash flow and simplifying reconciliation.

Smart Routing: Payments are dynamically routed to the fastest, most efficient channels, optimising speed even in non-Eurozone markets.

Complete Solutions: We can integrate advanced features like Merchant FX and instant payouts seamlessly through a single platform, giving you a true out-of-the-box solution. 

The Brite IPN delivers tangible benefits for your business:

Liquidity: Immediate access to funds (instant settlement).

Efficiency: Automated, real-time reconciliation reduces hours of manual work for your finance team.

Security: Reduced fraud risk due to the irrevocable nature of the payments.

Expansion: Seamless access to 27 European markets through one integration, simplifying cross-border operations.