Nordic banks reveal business plan for P27 single payments platform

The six Nordic bank owners of the P27 instant payment system have announced their business plan and have agreed to invest in the company until it becomes financially viable.

P27: “The world’s first integrated platform for domestic and cross-border real-time payments”

With P27, banks will set up a single payment platform and enable instant cross-border payments within the region to boost local business. The company’s owners predict that P27 …

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