Real-time processing
Real-time processing refers to the immediate processing of a payment — from authorisation to credit — without any time delay.
Real-time processing
Real-time processing in payment transactions means that a transaction is processed immediately — without batch processing or any time delay. In a narrower sense, this concerns the authorisation (seconds); in a broader sense, it also affects settlement (instant payments).
For card payments, authorisation already takes place in real time: within 1–3 seconds, the issuer checks and approves the transaction. Settlement (the actual transfer of funds to the Comerciante) traditionally takes place with a time delay — often not until the next banking business day or at longer intervals.
Instant payments close this gap: with SIC Instant Payments (Switzerland) or SEPA Instant (EU), the amount is credited within seconds — even outside of banking business hours. For Comerciante, real-time processing means better cash flow and faster availability of funds.
Real-time processing examples
A credit card payment is authorised in 2 seconds — real-time processing during authorisation.
An Instant Payment via SIC IP is credited to the comerciante within 5 seconds — real-time processing during settlement.
A PSP offers daily payouts: All transactions from the previous day are paid out in bundles in the morning — not real-time processing, but close to it.
Real-time settlement FAQ
What is real-time settlement in payment processing?
Real-time processing means that a payment is processed immediately — for authorisation in 1–3 seconds, for settlement via instant payment within seconds until credited.
Is card authorisation a real-time process?
Yes, authorisation takes place in real time (1–3 seconds). However, the settlement (payout to the Comerciante) is often delayed — depending on the PSP, this can be daily, weekly or monthly.
What is the difference between real-time authorisation and real-time settlement?
Real-time authorisation immediately checks whether the payment is approved. Real-time settlement (Instant Payments) transfers the amount instantly to the recipient's account. Together, both result in complete real-time processing.
Do Comerciantes benefit from real-time settlement?
Yes, real-time settlement improves cash flow: Comerciantes receive the transaction amount instantly instead of after days. This is particularly relevant for businesses with tight liquidity or high sales volumes.
