Driving Modernization and Financial Inclusion
Created by Peru’s banks, CCE is the central entity that provides clearing services in the Peruvian financial system, facilitating interbank payments and checks.
In 2021, Peru experienced nearly 1,000% year-on-year growth in real-time payments, creating the need for a modern digital payments infrastructure.
To carry out this modernization, CCE selected the ACI Enterprise Payments Platform to operate in partnership with Mastercard's Immediate Payments Service (IPS).
Download this Celent Model Bank Award report to see how this combination of these powerful solutions will simplify and accelerate connectivity for participants through modern APIs. The solution is also ISO 20022 native, which will help CCE develop new and advanced data use cases, providing tailored services for Peruvians.
“The volume of immediate transfers that we process each month has more than quadrupled since the pandemic. In January 2021, we processed 2,876,000 million, increasing in a monthly basis. By January 2022, we processed 6,959,365 million. Thanks to the Mastercard and ACI Worldwide partnership, we can exceed this growth, as both consumer and business demand for real-time payments rapidly increases across the country.” — Martín Santa María, CEO, Cámara de Compensación Electrónica
