P2P Payments
P2P payments: transfers of a new generation
MONTRA specialises in infrastructure for P2P payments. Each product states its licence basis.
Payment system operator
Legal basis: № 2069290126
Card-to-Card
Technological handling of a transfer between bank cards through the connected payment infrastructure.
Cross-Border
Technological routes for P2P transactions between the available markets of the MONTRA network.
Real-Time Processing
Automated processing of payment transactions and retrieval of up-to-date transaction statuses.
Smart Routing
Routing of transactions through the available payment infrastructure of the MONTRA network.
API Integration
Embedding P2P transfers directly into the partner product, under the partner's own brand.
How a transaction goes through
- 01
Initiate
The user initiates a transfer in the partner interface.
- 02
Connect
The request reaches the MONTRA infrastructure through the API.
- 03
Route
MONTRA determines an available route for the transaction.
- 04
Process
The transaction is passed to the relevant payment infrastructure for processing.
- 05
Complete
The partner receives the final status of the transaction.
MONTRA provides technological infrastructure: it receives, processes and transmits financial information about transactions. The movement of funds is executed by licensed participants of the payment infrastructure in the relevant jurisdictions. MONTRA does not open accounts, does not hold user funds and does not transfer money on its own account.
Participants in the chain
- User
- Partner
- MONTRA
- Payment rail
- Recipient
What is included and what is not
Division of rolesMONTRA provides technological infrastructure: it receives, processes and transmits financial information about transactions. The movement of funds is executed by licensed participants of the payment infrastructure in the relevant jurisdictions. MONTRA does not open accounts, does not hold user funds and does not transfer money on its own account.
JurisdictionsMONTRA is licensed by the National Bank of the Kyrgyz Republic under No. 2069290126 and No. 3071290126. The company has no licences of foreign regulators: in each jurisdiction transactions are carried out by organisations licensed in that jurisdiction. The list of available directions is determined by the agreements in force with participants.
Next step
Look at the integration path, or contact our team.