Iberpay News

2025: record year for instant payments in Spain, and a new tech platform Nextia for the Spanish payments system

Instant payments in Spain rose by 31.1% in transaction volumes and by 186.4% in total values. Iberpay completed the modernisation of its real-time infrastructure with Nextia, a new cloud-ready technology platform designed to support growth and the rollout of new services.

Iberpay celebrates its 20th anniversary  

On 6 November, Iberpay held its 20th birthday celebrations in Madrid's Neptuno Palace. The guest list included big names from the banking sector, infrastructure firms and payment services providers, alongside the Bank of Spain and other institutions.

The Spanish banking community and Iberpay successfully launch European Verification of Payee (VOP)

Iberpay and Spain's banking community launched the European Verification of Payee (VOP) service, which checks IBAN data against the payee’s name before any SEPA transfer or instant payment is sent.

Instant payments: use cases that make the difference 

In this article, we explain the growing uses of instant payments, including some you may not be familiar with yet, and how they are making everyday life easier for individuals, businesses, and public administrations.

CaixaBank, BBVA and Iberpay process first Requests to Pay between banks in Europe

During April and May 2025, CaixaBank and BBVA processed the first in Europe Requests to Pay between banks, a new milestone in the transformation of Europe’s payment ecosystem. 

Iberpay General Shareholders’ Meeting 2025 

On April 24 Iberpay held its General Shareholders’ Meeting, a key annual event for the company and its shareholders. The meeting was presented with a review of the year, including some particularly significant advances in the payments field, and the 2024 Annual Report on the year’s highlights.

Iberpay commits to sustainability

Iberpay is driving sustainability as a strategic pillar through its 2025–2028 Master Plan, reinforcing its role as an enabler of payment transformation and digitalisation. The company is embedding ESG criteria into its governance and operations to create a positive impact across its value chain.

Iberpay sets new record for transactions and clients in 2024

The new era of international instant payments

Building on the technology and infrastructure of instant transfers, the OCT Inst scheme aims to improve the cost, transparency, and speed of multi-currency international payments, aligning with the goals set by the G20 and promoting a greater range of services.

The Spanish banking community ready to process instant cross-border payments  

The Spanish banking community has joined the OCT Inst scheme and Iberpay’s service, fully prepared to process instant international cross-currency payments. Iberpay reinforces its commitment to payment innovation supporting Spanish banks in leading cross-border payment advancements.