Instant Payment Connection - TIPS

In 2017, the SCTInst (SEPA Credit Transfer Instant) Rulebook of the European Payments Council (EPC) came into force. The aim is to be able to process SEPA-based, classic payment transactions in real time 24/7. To this end, the ECB announced in 2017 the development of the real-time settlement system “TIPS” or “Target Instant Payment Settlement” in order to be able to process SCTInst transactions.

A prerequisite for participating in TIPS is connection to the system via a highly secure line certified by the ECB.

PSA has already created such a high-quality connection to the TIPS system and offers banks access to the TIPS system as a “full service” solution.

The advantages of the certified TIPS connection for banks are:

  • Maximum use of existing operating and communication processes between PSA and the banks
  • Simple adaptation and expansion options thanks to an optimal mix of standard components and individual solutions
  • A central partner who takes care of all aspects of the TIPS connection

PSA guarantees experience in handling multi-partner ecosystems

  • Easy scalability of the solution
  • No new technical partners required for the connection

Clearing Services (CS.A/CS.I)

Since the start of 2021, PSA has been responsible for another pillar of Austrian payments. PSA is processing the clearing house transactions (account-to-account transfers as well as direct debit) for the banks and providing connections for payments to international accounts.

The services offered include

CS.A – Clearing Service Austria

  • Acting as an Austrian payments hub (retail payments)
  • Conducting in-system transactions in EUR (finality/cost savings)
  • Handling in line with standardised processes and messages

CS.I – Clearing Service International

  • Processing payments in the SEPA area (EUR)
  • Ongoing coordination with organisations at EU level (EZB, TARGET2, EACHA, etc.)

Benefits for our customers

  • Expert input on the part of PSA
  • Support during the onboarding process
  • Hotline support
  • Ongoing system monitoring

Supporting documents can be found here:

CS.A Geschäftsbedingungen - German only
CS.I Geschäftsbedingungen - German only
CS.A Mengenstatistik nach Valuta- German only
CS.I Mengenstatistik nach Valuta- German only
CS.A Preisblatt - German only
CS.I Preisblatt - German only

If you have any questions about our Clearing Services (CS.A & CS.I) products, please contact our Sales & Account Management Department by emailing sales(at) or by calling +43 1 71718 - 0.

eps Payment

eps-Payment is the smart and secure online-payment-method of the Austrian banks for shopping on the WWW via your trusted online-banking.

The payment takes place in the highly secure and trusted online-banking of your eps bank, thus providing the customers with the simple and yet secure payment method for shopping on the world wide web.

Today more than 1.000 web-shops offer eps and also government business can be done with it, because it is the official payment method for e-Government.

Here you can find more information about eps:

For more information for corporate customers, please visit

For more information for private customers, please visit:

ems direct debit

EMS direct debit gives various institutions the power to collect outstanding receivables from accounts, simply and securely.

For more information for private customers, please visit:

For more information for corporate customers, please visit:

Further information on payment transactions

For plenty more information and details on payment transactions, please visit