OVERVIEW

The Instant Payments Regulation (IPR) introduces enhanced supervisory reporting requirements for payment service providers (PSPs), aimed at ensuring transparency, operational resilience, and consistent performance across instant credit transfer schemes in the EU. Institutions are required to monitor and report on key metrics such as transaction volumes, processing times, rejection rates, and system availability, enabling regulators to assess compliance with strict execution timelines and service-level obligations.

What is The Instant Payments Regulation and XBRL-CSV?

The EU’s instant payments regime is raising the bar for regulatory reporting. Under Regulation (EU) 2025/1979, payment service providers must deliver highly granular, standardised data on instant credit transfers—including volumes, values, fees, and exceptions—using EBA-defined templates and strict validation rules. All submissions are required in XBRL-CSV format, making compliance both technically demanding and time-sensitive. Our solution simplifies this complexity by automatically converting your payment data into fully compliant XBRL-CSV reports, aligned with the latest EBA taxonomies so you can meet instant payments reporting requirements with speed, accuracy, and confidence.

What is required from ‘subject persons’

A central component of the IPR framework is the standardisation of reporting formats, with increasing emphasis on structured, machine-readable data submissions, including XBRL-CSV. This shift requires institutions to transform and map internal payment data into harmonised taxonomies defined by regulatory authorities, ensuring consistency, comparability, and accuracy across jurisdictions.

All credit and financial institutions offering SEPA credit transfers and instant credit transfers need to submit the requested data to the Central Bank of Malta by 9th April 2026.

The data collection should exclude:

  • payment transactions carried out between and within PSPs, including their agents or branches, for their own account;
  • payment transactions processed and settled through large-value payment systems;
  • payment transactions through a payment card or similar device, including cash withdrawals;
  • payment transactions by means of any telecommunication, digital or IT device, if such payment transactions do not result in a credit transfer;
  • transactions of money remittance as defined in point (13) of Article 4 of Directive 2007/64/EC.

How Computime FinTech can help

Our solution addresses this challenge by providing ready-to-use templates specifically designed for conversion into XBRL-CSV format. These templates simplify the mapping of raw transaction and operational data into the required reporting structures, reducing implementation complexity and accelerating compliance timelines. By leveraging predefined data models aligned with regulatory expectations, institutions can efficiently generate validated outputs suitable for submission.

Through standardised templates and streamlined conversion processes, PSPs can meet IPR reporting obligations with greater efficiency, minimise manual intervention, and ensure ongoing alignment with evolving regulatory requirements.