Instant is an inherent attribute of today’s connected, digital economies. Customers expect no difference from their payment services. Across the world, this is catalyzing the adoption of immediate payments. Many countries are investing in faster payment rails to reap efficiency benefits from immediate transfers and to exploit new opportunities arising from an on-demand, always-on 24/7 economy. Real-time payments will have a transformative impact on the payments market. DITS, with 29+ years’ experience in developing and running mission-critical payment processing and switching solutions, is working with regulators and banks in many countries to modernize payment rails.

Designed to cater to the universal needs of the market, DITS Instant Payments orchestrates connections between payment service providers including banks, challengers and electronic money institutions to create a central real-time payment clearing and settlement infrastructure for domestic and international credit transfers. The ability to initiate any-to-any transfers in real-time 24/7, 365 days a year, improves payment efficiencies and generates network effects, triggering a virtuous cycle of innovation and growth. DITS works with central regulators and ecosystem participants for end-to-end systems design and development of scheme rules, increasing the speed of deployment and ensuring the overall efficiency of the infrastructure.

Key Capabilities

Multiple payment instruments

Supports bank accounts, mobile numbers, cards, and mobile wallets - for any to any value transfers.


Supports virtual addresses and enables payments to be directed to accounts using information that is easier to recall than an IFSC code or an IBAN such as a phone number, email address or a social id number.


PayConnect offers immediate, secure, round-the-clock access to the Instant Payments scheme for payment service providers as directly connected settling or non-settling participants.

APIs for services extensibility 

Exposes standardized APIs for banks to connect to indirect participants as well as interfaces to banks to connect to the central network.

Multi-currency support 

Supports currency conversion for cross-border credit transfers.

Message enrichment 

Supports standard ISO 8583/87 and ISO 20022 message formats for financial transactions.

Flexible and easy-to-configure workflows 

Define rules and procedures for bank registration, transmission of payments, fees, clearing and settlement for participant PSPs.

Clearing and settlement 

Flexibility to define frequency of settlement cycles, which can be near real-time or periodic throughout the day. The Payment Hub supports multiple settlement windows and includes the ability to force settlement when a participating bank’s daily exposure limit is reached.

Risk management 

Broad set of volume and velocity controls based on channel, transaction type and periodicity and to mitigate transaction and settlement risk.

Fee management 

Allows configurations of various fee categories including transaction, switching settlement, adjustment and adjustment processing fee.

Exceptions handling and dispute management 

Dispute Management portal with automated workflows to raise as well as view and track status of disputed transactions.

Real-time accounting, status, information, dashboards 

Comprehensive statistical information available online to view real-time and historical transaction trends and settlement positions.


Multi-layered security measures including file encryption, dynamic MAC key exchange.


Orchestrate Broad Services Ecosystem

Person to Person Payments

Bill sharing with friends Emergency fund transfer and remittances.

Person to Business Payments

E-/M-commerce and in-store POS payments Emergency bill payments or rent payments.

Business to Business Payments

Just-in-time supplier payments (early payment discounts) Immediate bill payments with E-invoicing.

Business to Person Payments

Salary/wage payments for temporary workers or contract employees Instant insurance claim payouts.

Government to Person Payments

Emergency Disaster Payments Welfare Benefits.

Person to Government Payments

Tax Payments, Payment of Fines.

Instant Payments for Participating Institutions

DITS helps payment providers of all types and sizes to take advantage of and prepare for real-time payments. DITS is a proven partner to leading banks in India for Unified Payment Interface services, (India’s central payment network for fast and easy transfers). DITS delivers custom apps as well as client routing capabilities to help PSPs connect to the central payments infrastructure to affect a low-risk transition to real-time payments.

Participants can leverage DITS expertise to enhance existing payment services as well as deploy innovative overlay services that deliver real customer value. Based on regional market trends, the use cases span a wide range of tailored offerings from money transfers to QR and NFC based payments for merchants.

Benefits to Banks 


Instant processing of high volumes of payments 24/7, 365 days a year based on a “good funds” model. For customers it takes away the hassle of waiting for their funds to arrive. 

Scalable Platform 

Designed with growth and flexibility in mind, DITS Instant Payments can scale to accommodate the exponential growth volume often experienced with the introduction of real-time payments.


Highly Available Infrastructure 

DITS Instant Payments is built on a resilient framework with high availability, guaranteeing continuous processing of payments 24x7, with minimal downtime.


Preserves Existing Investments 

Co-exists with existing payment infrastructure and can be integrated with existing payment services, to offer instant payment options, significantly improving cost efficiencies for banks. 

Provides a Foundation for the Future 

Provides an equal opportunity to fintech /banks/financial institutions to rapidly address demand for innovative services, creating a foundation for democratization and adoption of digital payments.