Instant Payment Network
Driving the new reality of payments
Transparent Network is a union of members of the Independent Association of Banks of Ukraine (NABU) to create a modern financial network of instant (real-time) payments for private clients and businesses
Project objectives
To create a modern, inclusive, and cost-effective real-time payment method for Ukrainian business
Create a platform for integration into the European and global financial ecosystem
Introduce effective financial instruments to prevent corruption
To make Ukraine’s financial market transparent and attractive to international investors and donors
Create a competitive and innovative environment for market participants
Instant Payment Network is implemented using distributed ledger technology
The technology behind Instant Payment Network
Payment processing using public (open) network as the most common DLT model.
The technology includes:
- Unified DCM integration protocols
- Full technical integration of participating banks
- Online messaging between the Stellar open network and bank accounting systems
- Dashboards, reporting, and monitoring
- Online integration protocols with merchants
Backed by the Stellar platform, DCM facilitates the integration of partner banks and financial institutions into the global financial network.
One network, numerous possibilities
For Banks:
- New private and business clients
- Efficiency of micropayments
- Expanding the infrastructure of accepting payments (top-ups) through a single technical protocol
For Business:
- Low fees
- Efficiency of working capital: online payment processing 24/7
- Cooperation with international and local donors
info@dcm.systems
20 Wenlock Road,