Cross-border Interbank Payment System launches CIPS payment lens service
On June 26, Cross-border Interbank Payment System announced that based on the CIPS standard transceiver, it launched an innovative value-added function-CIPS payment lens service, which supports enterprises, banks and other cross-border payment market players to check their payment status, further improving RMB cross-border payment efficiency and transparency.
According to reports, the CIPS payment lens service integrates big data, artificial intelligence and other financial technologies to provide real-time, complete, full-link, one-stop payment status penetrating display services for global RMB users, which can meet the needs of enterprises, banks, etc. The cross-border payment subject needs to check the cross-border payment status around the clock.
The service is available to users of various CIPS standard transceivers such as banks, non-bank financial institutions, and cross-border payment business-related enterprises. After the payment lens service is launched, users can click "Remittance Progress Query" in the inward remittance inquiry and outbound remittance inquiry to obtain the latest payment arrival node, status, processing time and other information, effectively improving the transparency and predictability of cross-border payment. .
It is understood that some banks and enterprises have already tried the service, including Bank of Communications, Bank of Communications Hong Kong Branch, Bank of Guizhou, Bank of Suzhou, Kunshan Rural Commercial Bank and other bank users, as well as General Technology Finance Company, Haitong Securities, Haier Finance Company, etc. including business users.
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